Ather Energy, a leading Indian EV brand, is set to debut on the NSE and BSE after a modest IPO subscription. Despite strong brand equity and tech credentials, the company faces challenges with profitability, reporting a significant net loss for FY24. Its future stock performance depends on scaling profitably and defending market share in a competitive EV market.
Xtranet Technologies shares list at 7% premium over IPO price on NSE
Xtranet Technologies debuted at up to a 7% premium over its IPO price on Thursday, falling short of grey market expectations of an 11% gain.