India's Ather Energy rises on auto insurance distribution plans
19/12/2025 09:53
** Shares of Ather Energy ATHR.NS rise 6% to day's high of 703 rupees; highest intraday pct rise since November 11 ** EV manufacturer plans foray into auto insurance, estimates initial investment of 80 million rupees ($887,237.64) ** Stock rated, on average, "strong buy" by 6 analysts; median PT at 770 rupees - data compiled by LSEG ** Stock up nearly 110% from May 6 debut listing price ($1 = 90.1675 Indian rupees) (Reporting by Mridula Kumar in Bengaluru) ((Mridula.Kumar@thomsonreuters.com;))
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