Ather Energy Ends First Trading Session 6% Below IPO Price

Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE

The shares touched an intraday low of INR 300, a decline of nearly 8% from the listing price

The company ended its first trading session with a valuation of INR 11,266.90 Cr ($1.33 Bn), down 6% from its IPO valuation of INR 11,956 Cr ($1.42 Bn)

After a muted IPO and listing, EV major Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE. Compared to its IPO price of INR…