In a stunning move, global investor Tiger Global has completely dumped its 5% stake in Ather Energy, raking in Rs 1,204 crore from open market sales on November 6, 2025. Shares went for over Rs 620 each on NSE and BSE, marking a massive exit that has sent shockwaves across India’s EV sector.
This comes just before Ather Energy’s Q2 FY26 results, fueling speculation about what the move signals for the booming electric two-wheeler market. Despite the exit, Ather’s October sales surged 53%, with 28,061 registrations, and the company now boasts a 19.53% market share, surpassing Ola Electric in market cap.
Tiger Global’s exit raises questions: Is this profit-taking from a market leader, or a warning sign of turbulence ahead in India’s fast-growing EV space? Investors are now left wondering whether to buy the dip or brace for volatility.
With revenue up 79% in Q1 FY26 and losses shrinking, Ather Energy remains strong—but the timing of Tiger Global’s exit has everyone talking.