Smart Money Alert

Ather Energy Limited

IncreasedQuarterly

ATHERENERG2/3 WheelersMarket Cap₹58K Cr

Stake

2.16% → 2.54%

Holding

1.01 Cr shares

Change

+18.12 L shares

As of

Sept 2026

Since alert0.0%₹1,470.00 → ₹1,470.00

Nifty 500.0%

Axis Mutual Fund

Mutual Fund

The move

Axis Mutual Fund increased its stake in Ather Energy from 2.16% to 2.54%, acquiring 18,12,309 shares through a rights issue.

About Ather Energy Limited

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An Indian electric two-wheeler manufacturer, Ather Energy designs and assembles electric scooters alongside battery packs and charging infrastructure. The company develops proprietary software systems to support its vehicles and charging ecosystem. Founded in 2013, it operates as a vertically integrated player in the electric scooter segment, handling product design, in-house manufacturing, technology development, and charging network expansion independently.

About Axis Mutual Fund

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Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.

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More moves in Ather Energy Limited

HSBC Mutual FundIncreased

HSBC Mutual Fund increased its stake in Ather Energy Limited from 1.87% to 2.13% by acquiring 12,95,394 shares. This transaction was executed through a rights issue.

15 Oct 2026

Edelweiss Mutual FundIncreased

Edelweiss Mutual Fund increased its stake in Ather Energy Limited from 1.24% to 1.35%, acquiring 6,11,474 shares. The transaction was executed through a rights issue.