Zerodha’s Kamath Brothers Gain Rs 26,68,81,348 In A Single Day As This Multibagger EV Stock Jumps Nearly 5%; DII Stake Increases
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Ather Energy shares gained nearly 5 per cent on Tuesday, taking the value of Kamath Associates' 1.54 per cent stake up by Rs 26,68,81,348.75 in a single day, while DII holding increased to 28.97 per cent in the March 2026 quarter from 28.10 per cent in the December 2025 quarter
✨ Key Takeaways
The benchmark equity indices, Nifty50 and Sensex, witnessed sharp declines in Tuesday's trading session, pressured by weakness in IT and metal stocks amid a broader sell-off in global technology shares. The Nifty50 declined 1.27 per cent to 23,797.45. Despite the broader market weakness, Ather Energy's share price jumped 4.72 per cent to Rs 1,005.95, outperforming the benchmark indices.
Kamath Associates Gains Rs 26.69 Crore In A Single Day
According to the latest shareholding pattern for March 2026, Kamath Associates, the investment entity owned and founded by billionaire brothers Nithin Kamath and Nikhil Kamath, co-founders of Zerodha, held 58,84,925 equity shares, representing a 1.54 per cent stake in Ather Energy.
With Ather Energy's share price rising by Rs 45.35 during Tuesday's session, the value of Kamath Associates' holding increased by approximately Rs 26,68,81,348.75 (Rs 26.69 crore) in a single day.
Ather Energy Shareholding Pattern
As of March 2026, promoters held a 40.76 per cent stake in the company. Foreign Institutional Investors (FIIs) owned 17.21 per cent, while Domestic Institutional Investors (DIIs) increased their holding to 28.97 per cent, compared with 28.10 per cent in the December 2025 quarter. Public shareholding stood at 13.03 per cent.
The steady rise in DII ownership indicates continued institutional interest in the company despite recent market volatility.
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Ather Energy Share Price Performance
Ather Energy has delivered strong returns across multiple time periods. The stock has gained 8.72 per cent in the last one month and 41.82 per cent over the past six months. On a one-year basis, the stock has surged 215.26 per cent, making it one of the notable multibaggers in the electric vehicle space.
The company currently commands a market capitalisation of approximately Rs 38,619 crore.
About Ather Energy
Ather Energy Ltd is one of India's leading electric two-wheeler manufacturers, known for its premium electric scooters and integrated EV ecosystem. The company designs and manufactures electric vehicles, battery packs, charging infrastructure and software platforms, enabling a comprehensive mobility solution for customers.
The company operates through popular products such as the Ather 450 and Rizta range of electric scooters and has established a nationwide fast-charging network under the Ather Grid brand. With growing EV adoption in India and continued investments in technology, charging infrastructure and product innovation, Ather Energy remains a key player in the country's electric mobility transition.
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Disclaimer: The article is for informational purposes only and not investment advice.