Now Reading: Aye Finance shares rise 4%, up 36% YTD
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Aye Finance shares rise 4%, up 36% YTD
Aye Finance shares rose nearly 4% in Monday’s trade, reaching an intraday high of Rs177 in an otherwise flat market. The stock has gained over 35% year-to-date, far outperforming the Sensex, which…
The Story in Brief
Aye Finance shares rose nearly 4% in Monday’s trade, reaching an intraday high of Rs177 in an otherwise flat market. The stock has gained over 35% year-to-date, far outperforming the Sensex, which has fallen 8% in the same period. It hit a record high of Rs197.95 on July 21 after touching a low of Rs88.40 on April 2. Since listing on February 16, 2026, the stock has surged 37% from its issue price of Rs129.
The NBFC reported a 144% jump in profit after tax to Rs74.5 crore in Q1FY27, with revenue up 17.7% and assets under management growing 28% to Rs7,324 crore. The company also elevated four senior executives to chief-level roles. Brokerages IIFL Capital and JM Financial have maintained buy calls, raising target prices to Rs220 and Rs197 respectively.
The Indian Opinion
The rally in Aye Finance stock, up 36% even as the Sensex has slipped 8%, feeds a familiar narrative of a small NBFC outshining the market. Yet the numbers deserve scrutiny. Profit after tax jumped 144% in Q1, but revenue grew only 18%. Assets under management rose 28%, driven by customer additions. Brokerages are betting on continued high growth, but such optimism can fade if loan quality dips or funding costs rise. The test: can Aye sustain its 30% AUM CAGR target without a spike in delinquencies?
Source: livemint.com
This story was synthesised by AI from the source linked above.
