Ather Energy Limited
Motilal Oswal Mutual Fund decreased its stake in Ather Energy from 3.70% to 3.27%, selling 1,264,429 shares. The value of the shares sold is approximately ₹153.7 Cr based on the share price of ₹1214.90. However, Motilal Oswal Mutual Fund also secured 5,82,363 shares equating to 5.385% of a Qualified Institutional Placement (QIP) by Ather Energy on July 20, 2026, at ₹1,202 per share, as part of the company's ₹1,300 crore fundraise.
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.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.