Published on 19/12/2025 02:31 PM
Indian two-wheeler electric vehicle manufacturer, Ather Energy, shares jumped 4% during the intraday stock market session on Friday, 19 December 2025, after the company announced its plans to expand into the auto insurance business through a wholly-owned subsidiary, according to an exchange filing.
In the BSE filing, Ather Energy confirmed that the company plans to enter the auto insurance services business, where the firm will operate as a ‘corporate agent’ after incorporating a wholly owned subsidiary for operations.
“In an effort to make the ownership experience more seamless, the new entity will focus on offering auto insurance policies, in partnership with multiple insurers, for its customers across the country,” the company informed the stock exchanges through its filing on Friday.
Ather Energy shares were trading higher during Friday's stock market session, after investors acknowledged the company's expansion into the auto insurance services business.
Ather Energy share price was trading 3.75% higher at ₹687 as of 3:00 p.m. (IST) on Friday, compared to ₹662.20 at the previous market close, according to BSE data. The company announced the business update during the afternoon market session on 19 December 2025.
(This is a developing story. Please check back for updates.)
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stories by Anubhav Mukherjee
Disclaimer: This story is for educational purposes only. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
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