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Nomura raises Ather Energy target to ₹1,926; shares gain 4%+

Ather Energy Ltd. shares rose more than 4% on Thursday, September 10. Nomura raised its target price to ₹1,926 from ₹1,714 while keeping a “Buy” rating.

ATHERENERG

Shares of Ather Energy Ltd. rose more than 4% on Thursday, September 10, after Nomura lifted its target price for the electric two-wheeler maker to ₹1,926 from ₹1,714 and kept a "Buy" rating. Nomura said the revised target points to an upside of about 22% for Ather Energy from Wedn…