In a jaw-dropping move, Tiger Global has sold every single share it owned in Ather Energy, scooping up Rs 1,204 crore in one go. The 5% stake, sold at over Rs 620 per share on NSE and BSE, has investors scrambling and the EV world buzzing.
The exit comes right before Ather Energy’s Q2 FY26 earnings, raising eyebrows across the industry. Despite this, the EV maker posted a massive 53% jump in October sales, registering 28,061 units, and has now overtaken Ola Electric in market capitalization.
Experts are questioning what this sudden exit signals. Is Tiger Global cashing out at the top, or is it a warning that turbulence could be coming for India’s booming electric two-wheeler market?
Even with 79% revenue growth in Q1 FY26 and shrinking losses, the timing of this sell-off is bound to spark debates among investors and EV enthusiasts alike. The big question now: will Ather ride the momentum, or is the EV market in for a rollercoaster ride?
