Ather Energy Share Price Gains Over 7% as Hero MotoCorp Invests ₹1,758 Crore to Raise Stake to 32.8%

Hero MotoCorp has made an all-cash transaction valued at ₹1,758 crore to increase its stake in Ather Energy.  

This move raises Hero MotoCorp’s total shareholding in the electric vehicle company from 29.88% to up to approximately 32.8%, as per The Economic Times news report. 

Details of Hero MotoCorp's Enhanced Investment in Ather Energy 

Shares of Ather Energy increased by over 7% to ₹1,579.75 following the news of Hero MotoCorp’s decision to boost its investment.  

The new transaction has driven Ather Energy's market capitalisation above ₹61,781 crore. Concurrently, Hero MotoCorp shares rose by 1.6%, trading at ₹5,630 on the BSE. 

This acquisition, announced on August 28, 2026, was approved by Hero MotoCorp's Committee of Directors and involves purchasing additional equity from an existing shareholder. It is set for completion by September 3, 2026, without needing regulatory or governmental approvals. 

Past Share Price Movements 

Hero MotoCorp's increased stake in Ather Energy is a significant development in the electric vehicle segment. Ather Energy has experienced a 30% surge in its stock value over the past month.  

Read More: Juniper Green Energy Share Price in Focus; Signs PPA with SJVN for 50 MW FDRE Project! 

Transaction Approval and Finalisation Details 

The deal to increase Hero MotoCorp’s investment in Ather Energy does not fall under related party transactions and was completed without needing external approvals.  

Hero MotoCorp, through this acquisition, aims to reinforce its presence in the fast-growing electric vehicle market in India. 

Q1 FY2027 Financial Performance 

Ather Energy reported its Q1 FY2027 earnings, highlighting a positive EBITDA margin of ₹9 crore, or 0.8%. The company achieved this milestone through stringent cost management across marketing and sales operations. Non-vehicle revenue contributed 14% to operating revenue, supported by the AtherStack Pro software pack. 

Market Demand and Production Capacity 

Strong policy support, including the PM E-DRIVE and Delhi EV Policy, has bolstered consumer confidence in electric vehicles. Ather Energy experienced a 95% increase in quarterly inquiries, reaching 7,00,000, while paid preorders surged 158% to 1,50,000. Wholesale volumes grew 81% year-on-year to 83,000 units. 

Ather Energy Share Price Performance 

As of August 28, 2026, at 11:21 AM, Ather Energy share price on NSE was trading at ₹1,611.80 up by 7.79% from the previous closing price. 

Conclusion 

Hero MotoCorp's ₹1,758 crore investment in Ather Energy has raised its stake to around 32.8%. The agreement, set for completion by September 3, 2026, propelled Ather Energy's share price by over 7% and increased market capitalisation to ₹61,781 crore. 

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