However, we are trading close to the last 5-year averages of around 20x forward P/E. Our expected earnings growth will be around 15% CAGR in the next two years, which is clearly on the upswing compared to the rest of the world.
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