Mumbai, Nov. 13 -- While the buyers and sellers were not disclosed, media reports suggest that National Investment and Infrastructure Fund II may have offloaded a 2.34% stake. The deal is believed to have been executed at a floor price of Rs 620 per share, about 1.44% lower than Wednesday's BSE close of Rs 629.05.

Volumes jumped sharply during the session. On the BSE, 24.93 lakh shares changed hands against a three-month average of 5.39 lakh shares. On the NSE, trading rose to 52.64 lakh shares, outpacing the three-month average of 44.09 lakh shares.

As of September 2025, NIIF II held 4.67% in Ather Energy.

Following the block trade, the stock touched a high of Rs 659.85 on the NSE, rising 4.9% in early deals.

Ather Energy designs and...