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NSE:ATHERENERG

5 stories mentioning NSE:ATHERENERGUpdated just now

Every FINWIRES story that references NSE:ATHERENERG, newest first.

Asia

Hero MotoCorp Subscribes to INR9.6 Billion Warrants in Ather Energy

Hero MotoCorp (NSE:HEROMOTOCO, BOM:500182) said Ather Energy (NSE:ATHERENERG, BSE:544397) allotted 7.6 million convertible warrants to the company at an issue price of 1,260 rupees per warrant, for an aggregate subscription amount of about 9.6 billion rupees.Hero MotoCorp paid 2.4 billion rupees, or 25% of the issue price, on Tuesday, while the remaining 75% will be payable upon exercising the warrants into Ather equity shares, according to a filing to the Indian exchanges

BOM:500182BSE:544397NSE:ATHERENERGNSE:HEROMOTOCO
Asia

Nomura Adjusts Ather Energy's Price Target to INR1,714 from INR1,470, Keeps at Buy

Ather Energy (NSE:ATHERENERG, BOM:544397) has an average rating of buy and mean price target of 1,516.67 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:544397NSE:ATHERENERG
Asia

Ather Energy Seeks Up to INR12 Billion via Preferential Issue

Ather Energy (NSE:ATHERENERG, BSE:544397) approved a preferential issue to raise up to 12 billion rupees, according to an exchange filing on Wednesday.The electric scooter maker will issue 1.6 million equity shares to the India-Japan Fund for about 2 billion rupees.It will also issue 7.9 million convertible warrants to Hero MotoCorp and promoters Tarun Mehta and Swapnil Jain for up to 10 billion rupees, subject to shareholder and regulatory approvals.The equity shares will be issued at 1,230 rupees apiece, while the warrants are priced at 1,260 rupees each.

BOM:544397NSE:ATHERENERG
Asia

Nomura Adjusts Ather Energy's Price Target to INR1,470 From INR1,120, Keeps at Buy

Ather Energy (NSE:ATHERENERG, BOM:544397) has an average rating of buy and mean price target of 1,189.45 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:544397NSE:ATHERENERG
Asia

Nomura Adjusts Ather Energy's Price Target to INR1,120 from INR1,111, Keeps at Buy

Ather Energy (NSE:ATHERENERG, BOM:544397) has an average rating of buy and mean price target of 1,019.78 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:544397NSE:ATHERENERG

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