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BUSINESS
Ather Energy Stock Climbs Nearly 4% On JPMorgan Target Hike, Konarc Launch
The shares pared some gains to trade 2.66% higher at Rs 1,659.30 apiece on the NSE, as against a 0.66% decline in the benchmark Nifty index by 10:10 a.m.
GlobeSignal-AImedium certainty
- Why it matters
- JPMorgan's higher target can shift investor sentiment and influence trading decisions for a stock trading below historical highs.
- Most affected
- Ather Energy shareholders — Share price gained 2.66% by mid-morning, outperforming the broader market decline.
- Likely next
- Whether Ather Energy shares sustain the gains through the close and how the Konarc launch performs commercially.