India, July 16 -- India's electric two-wheeler market continues to witness rapid growth, supported by rising EV adoption, improving charging infrastructure and increasing consumer acceptance. Strategic investments and capital infusions are becoming critical as manufacturers compete aggressively to gain market share.

Shares of Ather Energy Ltd, with a market capitalization of Rs. 49,052.18 crore, are trading at a price of Rs. 1,280.30, down 1.24% from its previous closing price of Rs. 1,296.40. The stock touched an intraday high of Rs. 1,345.00 and a low of Rs. 1,262.70. The company currently does not have a reported P/E ratio as it remains loss-making.

What's the News? Hero MotoCorp informed stock exchanges that Ather Energy's board, in...