266% return. Negative cash flow. Why investors can’t stop buying this EV stock
- Posted on July 21, 2026
- By Financial Express
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- 1 min read
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266% return. Negative cash flow. Why investors can’t stop buying this EV stock
This is not a profitability story. It is a scale story. Investors are paying for the probability that Ather becomes one of India's dominant electric two-wheeler platforms before it becomes consistently profitable. Understanding that distinction is the only way to make sense of what has happened to this stock.