24 Oct 2025 | 5 Mins Read

Ather Electric outperforms Ola Electric in market returns

Flipitmoney

Ather Energy's market capitalization reached ₹26,613.19 crore as of 24 October 2025, a growth of 116% from its estimated market cap at the upper limit of the IPO price, making it a multibagger stock with a 132% increase from its IPO price. Ola Electric Mobility's market capitalization declined about 30% to ₹23,333.29 crore from its estimated IPO value.