IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

Hero MotoCorp Boosts Stake in Ather for 184M

India's Hero MotoCorp announced plans to acquire additional shares in electric scooter maker Ather Energy for 184 million dollars. The transaction raises its stake to 32.8 percent amid rising competition in the EV market.

Xurve View
Insights:
FILE PHOTO: Hero Motocorp logo is seen at India's five-day auto show in New Delhi, India, January 18, 2025. REUTERS/Priyanshu Singh/File Photo

HERO MOTOCORP LTD will acquire an additional stake in ATHER ENERGY LTD for 17.58 billion rupees ($184.01 million) in Thursday afternoon trading.
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.