India, Oct. 27 -- Shares of Ather Energy jumped as much as 8.1% to an intraday high of Rs.1,702 on the BSE after HSBC and Nomura raised their price targets following the electric two-wheeler maker's Q2 FY27 results.

At 11:28 IST, the stock was trading 6.8% higher at Rs.1,680.60, giving the company a market capitalisation of Rs.66,672.4 Cr (about $6.9 Bn).

The gains extended yesterday's rally, when Ather shares closed 13.7% higher at Rs.1,574 on the BSE after the company announced its Q2 FY27 results during market hours.

Adding to the positive sentiment, HSBC and Nomura retained their 'Buy' ratings and raised their price targets, citing better-than-expected margins and stronger growth prospects following the launch of Ather's Konarc sco...