Ather Energy’s IPO opens today, aiming to raise ₹2,981 crore through fresh equity and an offer for sale, where promoters and investors like Tiger Global will offload shares. Funds will support expansion, debt repayment, and R&D. Analysts recommend subscribing, citing the company’s strong position in the growing electric two-wheeler market and expected production capacity increase.
Dalal Street Week Ahead: Sideways consolidation likely to persist amid global trade uncertainty
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel,