Dr. Pawan Munjal receives the first ATHER 450X in Delhi

Mr. Tarun Mehta, Co-founder and CEO of Ather Energy, today presented the first unit of their new electric scooter 450X in Delhi to Dr. Pawan Munjal, the Chairman and CEO, Hero MotoCorp.

Handing over the scooter to Dr. Munjal, Tarun said, "We have launched the Ather 450X across markets in the past few months and are now delighted to begin our retail operations in New Delhi. To kick-start this phase, we are happy to deliver the first vehicle in Delhi to Dr. Pawan Munjal. Not only has Dr. Munjal instilled confidence in Ather as one of our key investors but he also has been a mentor to me and Swapnil personally over the years. This is an extremely proud moment for us."

Dr. Pawan Munjal, said, "I am truly delighted to receive Ather 450X Scooter from Tarun. Sustainability and clean energy remain at the core of Hero MotoCorp's vision - 'Be the Future of Mobility'. I congratulate Tarun, Swapnil and the entire team for developing this technologically-advanced and connected vehicle for customers in the country."

Hero MotoCorp has been a part of Ather's growth story since 2016 and currently has nearly 35% of shareholding in the leading EV maker.

Shares of HERO MOTOCORP LTD. was last trading in BSE at Rs.2915.15 as compared to the previous close of Rs. 2963.65. The total number of shares traded during the day was 33662 in over 2711 trades.

The stock hit an intraday high of Rs. 2976 and intraday low of 2889.3. The net turnover during the day was Rs. 98318595.

Source : Equity Bulls

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