Ather Energy Shares Drop 6% on Listing Day Amid Market Volatility

Ather Energy, India’s leading electric scooter manufacturer, saw its shares close 6% lower on the first day of trading following its much-anticipated stock market debut on May 7, 2025. Despite strong investor interest ahead of the Initial Public Offering (IPO), the stock faced selling pressure in early trading, reflecting cautious sentiment among market participants.

The founders of Ather Energy expressed gratitude to employees, investors, business partners, and academic collaborators who supported the company through its early growth stages. The company’s listing marks a significant milestone in India’s EV sector, highlighting growing investor confidence in electric mobility.

Ather Energy has been a pioneer in the premium electric scooter segment, known for its innovative products like the Ather 450X, and continues to expand its presence with new models and charging infrastructure. Analysts believe that while the initial price correction is typical for newly listed companies, Ather’s long-term prospects remain strong given India’s accelerating shift towards electric two-wheelers.

The market response also comes amid broader industry developments, including MG Motor’s launch of the upgraded Windsor EV and TVS’s plans to manufacture Norton motorcycles in India by late 2025, signaling robust activity in the country’s evolving electric vehicle landscape.

Investors and consumers alike will be watching closely as Ather Energy navigates its new phase as a publicly traded company while continuing to innovate in India’s competitive EV market.