Bengaluru, June 15 -- The shares of this mid-cap company majorly engaged in the designing, developing, and in-house assembly of electric scooters, battery packs, charging infrastructure, supporting software systems and many more were in focus after the company updated about its fundraising road map.

With the market capitalization of Rs. 39,544 Crores, the shares of Ather Energy Ltd were trading at around Rs. 1032 per share which is 3.4 percent discount from its 52 week high of Rs. 1069 per share and is trading at a D/E ratio of 0.26

What is The NEWS:

Ather Energy's board has approved a proposal to raise up to Rs.2,500 crore through a combination of fundraising avenues, reflecting the company's intention to build a strong capital base f...