Ather Energy, KEI Industries Rally While LIC, Kalpataru Decline on Company-Specific Triggers

Stock specific moves were in the limelight on August 4, with the help of quarterly results, brokers reports, and corporate news. Ather Energy share price and KEI Industries share price posted strong gains during the session, while Life Insurance Corporation (LIC) share price and Kalpataru share price came under pressure after separate developments.

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Ather Energy share price jumped nearly 13% after HSBC reaffirmed its “Buy” rating and increased its target price to ₹1,450. In its report, HSBC highlighted stronger-than-expected operating margins, supported by lower operating expenses during the June quarter. The brokerage also cited the company’s planned capacity expansion, which it expects will support higher volumes and improve market share over the coming quarters.

HSBC further noted that Ather Energy’s valuation remains supported by its positioning in the electric two-wheeler segment and its execution track record.

KEI Industries Rises After Quarterly Earnings

KEI Industries share price gained around 7% after the company reported a strong set of financial results for the quarter ended June 2026. Consolidated net profit rose 40% year-on-year to ₹274.1 crore from ₹195.7 crore in the corresponding period last year.

Revenue increased 23% to ₹3,185.3 crore compared with ₹2,590.3 crore a year earlier. Alongside its earnings announcement, the company said its board had approved an investment of ₹700 crore to expand manufacturing capacity at its upcoming facility in Rajasthan.

The earnings performance and expansion plans kept KEI Industries share price among the top gainers during the session.

LIC Share Price Slips After OFS Announcement

Life Insurance Corporation share price fell about 5.5% after the Government of India initiated an Offer for Sale (OFS) to reduce its holding in the insurer.

The government is offering up to a 6.5% stake through the two-day sale on August 4 and August 5. The base offer comprises a 2.5% stake, while an additional 4% stake may be sold under the green shoe option. The floor price for the OFS has been fixed at ₹382 per share.

The proposed divestment remained the primary factor influencing LIC share price during the day’s trade.

Kalpataru Trades Lower Despite Narrower Loss

Kalpataru share price declined nearly 5% even after the company reported an improvement in its June-quarter financial performance.

The company posted a consolidated net loss of ₹26.5 crore compared with a loss of ₹49.4 crore in the year-ago period. Revenue rose 6.5% year-on-year to ₹472.2 crore from ₹443.2 crore.

Trading activity on August 4 reflected investor focus on company-specific developments rather than broader market trends. Earnings announcements, brokerage revisions and capital market transactions continued to influence individual stocks, with Ather Energy share price, KEI Industries share price, LIC share price and Kalpataru share price remaining among the closely tracked counters through the session.