India, May 5 -- Shares of Ather Energy surged as much as 5.15% to hit an all-time high of Rs.982.5 on the BSE during the intraday trading today, as investor sentiment turned positive following its Q4 FY26 performance.

The stock later pared gains and was trading 1.99% higher at Rs.952.9 as of 11:51 IST. The company's market capitalisation stood at Rs.36,357.7Cr (about $3.8 Bn) at the time.

The rally was driven by a sharp decline in the company's loss, strong revenue growth in FY26, and positive commentary by brokerages.

Yesterday, the EV company reported a 36.3% decline in its loss to Rs.517.2 Cr in FY26 from Rs.812.3 Cr in FY25. In the March quarter, loss stood at Rs.100 Cr, down 57% from Rs.234 Cr in the same period last year.

Operat...