The American short seller claimed that the group indulged in stock price manipulation through shell companies, corporate misgovernance, and that most of the group companies remain highly leveraged with negative cash flows.
Ather Energy IPO crosses the line in final hours of Day 3; retail portion booked 1.55 times
Ather Energy’s Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors
April 30, 2025