Ather Energy’s low-profile listing has quietly outperformed many of this year’s high-decibel IPOs, and its promoters have reaped the rewards. The stock has surged 116% over its issue price, delivering multibagger returns, while the promoters’ wealth has skyrocketed by an astonishing 3,220%. Here’s a breakdown of how it happened. Promoters Tarun Sanjay Mehta and Swapnil…
Shares of IDFC First Bank rallied 3.3% to their day’s high of Rs 74.27 on the BSE on Monday after the lender posted a strong 75.5% year-on-year rise in standalone net profit to Rs 352.31 crore for the second quarter of FY26, driven by solid business growth and improving operating leverage, even as net interest…
Ola electric shares today: Ola Electric saw its shares rise as much as 5 per cent on Monday, touching an intraday high of Rs 49.40, after reports emerged that Niti Aayog is stepping up efforts to accelerate the shift toward electric motorcycles in India. According to Hindu Businessline, the government’s policy think tank has called a…
Following its Rs 2,980 crore initial public offering (IPO), shares of Ather Energy made muted debut on bourses on Tuesday (May 6, 2025). On the NSE, the stock listed at Rs 328, marking a premium of 2.18 per cent over its issue price of Rs 321, while on the BSE, it listed at Rs 326.05, reflecting a…