Short-term traders can buy the stock for a target of Rs 870. The stock rose from Rs 412 to Rs 817, reaching a fresh record high of Rs 818.95. It witnessed a breakout on the daily charts and is trading above crucial moving averages. The daily RSI is at 77.1, indicating overbought conditions. The daily MACD is bullish.
Ather Energy shares rise 3% as Nomura raises target price; stock up nearly 200% in 1 year
Ather Energy shares rose after Nomura raised its target to Rs 1,926, citing faster EV adoption, the Konarc launch and stronger growth prospects. The brokerage