Hero MotoCorp will buy Ather Energy shares worth up to ₹1,758 crore, raising its stake to 32.8% amid intensifying electric two-wheeler competition.

Hero MotoCorp invests ₹960 crore in Ather Energy, using convertible warrants to enhance cash-flow flexibility and market presence.

Explore recent developments in buzzing stocks including Lenskart, Hero MotoCorp, Cipla, and more in the market.

Hero MotoCorp will buy Ather Energy shares worth up to ₹1,758 crore, raising its stake to 32.8% amid intensifying electric two-wheeler competition.

Ather Energy shares gained nearly 4% after Hero MotoCorp announced an investment of up to Rs 1,758 crore to raise its stake in the electric two-wheeler maker to around 32.8%.…