India, Oct. 6 -- Shares of electric two-wheeler maker Ather Energy hit an all-time high during the intraday trading today, surging over 5% to touch INR 622 on the BSE.

The stock gave up some of the gains to end the session 4.85% higher at INR 620.95 on the BSE. The company's market capitalisation stood at INR 23,616.23 Cr (about $2.65 Bn) and over 39 Lakh shares changed hands today.

Meanwhile, Ather's rival Ola Electric's shares slipped 2.54% to INR 52.60 on the BSE today.

Earlier today, Ather said it rolled out its 5,00,000th escooter since inception. The company credited its flagship model, Rizta (launched last year), as the key growth driver behind the milestone.

Notably, Ather overtook Ola Electric to take the third spot among ele...