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Ather Energy Shares Rally 7% After Q2 Profit

Ather Energy shares rose 7% for a second session after the electric two-wheeler maker reported its first-ever quarterly profit. HSBC said the company achieved unexpected EBITDA break-even despite elevated commodity costs.

ATHERENERG

HSBC says Ather delivered a strong second quarter, achieving an unexpected EBITDA break-even despite elevated commodity costsShares of Ather Energy extended their rally for a second session on Tuesday, October 27, rising another 7 per cent after the electric two-wheeler maker reported its first-eve…