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Ather surpasses Ola in market cap for 1st time
Mint Chennai
|October 07, 2025
Ola fourth among e2W makers by sales as of Sep, Ather ranks second
The change in pecking order mirrors the diverging fortunes of Ather Energy and Ola Electric.
(REUTERS)
Investors have given their vote of confidence to Ather Energy Ltd as the Bengaluru-based startup's market cap edged past that of its larger rival, Ola Electric Mobility Ltd, for the first time since the two companies started selling electric scooters.
On Monday, Ather's shares surged 4.78% to take its market capitalization to ₹23,601 crore on BSE, while Ola Electric's shares fell 2.54% to take its valuation to ₹23,200 crore, data at the end of trading hours showed.
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