{"id":301736,"date":"2026-10-12T12:00:46","date_gmt":"2026-10-12T06:30:46","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=301736"},"modified":"2026-10-12T12:00:46","modified_gmt":"2026-10-12T06:30:46","slug":"ather-energy-shares-130-percent-returns-in-a-year-bobcaps-sees-19-percent-upside-target-price-rs-1680-konarc","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ather-energy-shares-130-percent-returns-in-a-year-bobcaps-sees-19-percent-upside-target-price-rs-1680-konarc\/","title":{"rendered":"Ather Energy Shares: 130% Returns in a Year, BOBCAPS Sees 19% More Upside With Target Price Rs 1,680, Konarc and the Rs 1 Lakh to Rs 1.25 Lakh Segment, Q1 FY27 Numbers and Risks"},"content":{"rendered":"

Ather Energy shares: Rs 1,431.25 on 9 Oct, up 129% in a year and 94% in 2026. BOBCAPS: Buy, target Rs 1,680 (17.4% above close, my calculation; headline says 19%). 52-week high Rs 1,744 on 1 Sep. Q1 FY27 net loss Rs 51 crore.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Ather Energy shares closed at Rs 1,431.25 on the BSE on 9 October, up about 129% in a year and 94% in 2026, and BOBCAPS (Bank of Baroda Capital Markets) rates the stock Buy with a target price of Rs 1,680. The headline says 19% upside, but Rs 1,680 against Rs 1,431.25 is about 17.4% (my calculation), so the gap likely comes from the reference price the brokerage used. The case rests on capacity expansion, lower-cost battery-led margin gains and the Konarc scooter that takes Ather into the Rs 1 lakh to Rs 1.25 lakh mass-market segment, with a target based on 16 times September 2028 market cap to gross block, 20% below the TVS and Bajaj Auto average. The stock is about 18% below its 1 September high of Rs 1,744 (my calculation) and Q1 FY27 still showed a net loss of Rs 51 crore, so the target is a brokerage view and not a guarantee.<\/p>\n<\/p><\/div>\n

Ather Energy shares listed on 6 May 2025 and have been one of the strongest stocks in the electric two-wheeler space since, with returns of about 74% in six months and 129% in one year. A fresh Buy call from BOBCAPS has put Ather Energy shares back in focus, even after a volatile week.<\/p>\n

This article covers the returns and the BOBCAPS call, how the target is built, why the brokerage is bullish, the Konarc launch, the Q1 FY27 results, capacity and funding, valuation, risks and what to watch next, so you can judge Ather Energy shares from the data.<\/p>\n

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