India, June 29 -- The shares of this Indian electric two-wheeler (E2W) company engaged in the design, development, and in-house assembly of electric scooters, battery packs, charging infrastructure, and supporting software systems are in the spotlight after it rose by 10 per cent in today's session following an upside target given by CLSA Brokerage.

With a market capitalisation of Rs. 41,949 cr, the shares of Ather Energy Ltd were trading at Rs. 1092.45 per share, surging 10% in today's market session, making a high of Rs. 1,095.70, up from its previous close of Rs. 998.15 per share. The stock has delivered returns of 227% over the past year, 47% year-to-date, 52% in the last six months, and 13% over the past month.

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