The Market Did Not Like Bhavish's Boastfulness! The Stock Fell 62% In One Year; Low Profile Ather Doubled Its Money In Just 7 Months
Ola and Ather are two major electric scooter companies in India. TVS Motor remained number 1 in November. Ather left Ola Electric behind in terms of market-cap. Ather was listed on BSE at Rs 326.05 against its IPO price of Rs 321. If we look at it since the day of its listing, Ather has increased by 143 percent. On the other hand, Ola has come down by about 28 percent during this period.