The Economic Times

Morgan Stanley, Goldman Sachs pick multibagger Ather Energy via block deals; NIIF sells Rs 233 cr stake

Morgan Stanley and Goldman Sachs acquired shares in Ather Energy through block deals worth Rs 233 crore, as NIIF sold over 33.78 lakh shares. Several mutual funds also bought stakes. The smallcap multibagger stock remains up 123% from its IPO despite recent declines.