Archive · 13 Nov 2025
NIIF Plans Stake Sale in Ather Energy Amid Market Rebound
A big investment group called NIIF might be selling some of its shares in Ather Energy, a company that makes electric scooters.
They are planning to sell about 2.34% of their shares for around 551 crore rupees.
This news came out while Ather Energy's stock price was going up by almost 7% on Thursday.
There was a lot of trading activity, which means many shares were bought and sold.
Recently, Ather Energy shared its financial results for the last three months.
They made more money than before, and their losses got smaller.
The company is also opening more stores to sell its electric scooters and plans to have many more by next year.
An investment company called HDFC Securities thinks Ather Energy is a good investment, giving it a 'buy' rating and a target price of 837 rupees.
They believe the company will continue to grow by making more scooters and expanding its product range, especially with new, more affordable models planned.
NIIF II is reportedly planning to sell approximately 2.34% stake in Ather Energy for INR 551 crore.
Ather Energy's shares rebounded nearly 7% from day's lows amid buzz of a block deal by NIIF II.
Heavy trading volumes were observed on both NSE and BSE, suggesting the block deal was executed.
Ather Energy reported a net loss contraction to INR 154 crore and a 54% YoY rise in revenue to INR 899 crore for Q2 FY26.
HDFC Securities maintains a 'buy' rating with a target price of INR 837, citing positive growth prospects and expansion plans.
- Who
- National Investment and Infrastructure Fund II (NIIF II) and Ather Energy
- What
- Report of a block deal where NIIF II is selling approximately 2.34% stake in Ather Energy for INR 551 crore, coinciding with Ather Energy's stock rebound and strong financial results.
- When
- Thursday, following Ather Energy's Q2 FY26 financial results and recent stock performance.
- Where
- Block deal on the stock market (NSE and BSE)
- Why
- NIIF's reported stake sale while Ather Energy shows strong growth in revenue, market share, and plans for expansion, with a positive outlook from analysts like HDFC Securities.
Investor Action
Company Performance & Outlook
Stake Sale
Investor Action
The National Investment and Infrastructure Fund (NIIF) is reportedly looking to sell a 2.34% stake in Ather Energy, setting a floor price of Rs 620 per share.
Company Performance & Outlook
Ather Energy's stock rebounded significantly, up 7% from its day's low, and has seen heavy trading volumes, indicating market interest despite the potential stake sale.
Valuation and Investment Rationale
Investor Action
The floor price for the stake sale is set slightly below the previous closing price, suggesting a strategic exit or a move to capitalize on recent gains.
Company Performance & Outlook
HDFC Securities maintains a 'buy' rating with a target price of Rs 837, citing Ather Energy's scalable volumes, increasing market share, margin improvement, and future potential from its low-cost EL platform.
- Seller (Reported)
- National Investment and Infrastructure Fund II (NIIF II)
- Company
- Ather Energy
- Stake Percentage (Reported)
- 2.34%
- Deal Value (Reported)
- INR 551 crore
- Block Deal Floor Price
- INR 620 per share
- Previous Closing Price
- INR 628.55
- Q2 FY26 Net Loss
- INR 154 crore
- Q2 FY26 Revenue from Operations
- INR 899 crore
- Q2 FY26 EBITDA Loss
- INR 132 crore
- Current Experience Centers
- 524
- Target Experience Centers (FY26)
- 700
- HDFC Securities Target Price
- INR 837
