3 weeks ago
Aye Finance shares rise 4%, up over 35% YTD
Aye Finance is a company in India that gives small loans to people and small businesses.
On Monday, 10 August, its shares went up by almost 4%, reaching ₹177.
That means people who own shares in the company made some money that day.
Since the start of the year, the shares have gone up by about 36%, even though the stock market overall has not done well.
The company also said that four of its leaders are getting promoted to bigger jobs.
The company is making much more profit than it did last year.
Its loans and business are also growing quickly.
Some banking experts think the shares could go even higher in the future.
So, lots of good news is helping the company's shares grow.
Aye Finance share price gained 3.9% to an intraday high of ₹177 on the BSE on Monday, 10 August, extending gains for a third straight session.
The NBFC stock is up about 36% year-to-date, compared with an 8% decline in the Sensex.
The stock hit a record high of ₹197.95 on 21 July and a record low of ₹88.40 on 2 April, and has surged over 37% since its listing on 16 February 2026.
Aye Finance elevated four senior leaders to chief-level roles: Ankur Sharma (CHRO), Piyush Maheshwari (Chief Credit and Operations Officer), Akash Purswani (Chief Collection Officer), and Sovan Satyaprakash (Chief Strategy and Investor Relations Officer).
Q1FY27 profit after tax jumped 144% YoY to ₹74.5 crore, revenue rose 17.7% YoY, and AUM grew 28% to ₹7,324 crore; IIFL Capital and JM Financial maintained buy calls.
- Who
- Aye Finance, an Indian non-banking financial company (NBFC), its managing director Sanjay Sharma, four newly promoted chief-level officers, and brokerages IIFL Capital and JM Financial.
- What
- Aye Finance's share price rose about 4% in a lacklustre market, the company announced four leadership elevations, and it reported strong Q1 results.
- Where
- On the BSE (Bombay Stock Exchange) in India.
- When
- Monday, 10 August, with the stock up 36% year-to-date as of that session.
- Why
- The rally followed strong Q1FY27 earnings (PAT up 144% YoY), leadership announcements, and bullish brokerage views.
Key facts
- Intraday gain
- +3.9% to ₹177 (high)
- Year-to-date performance
- Up ~36% vs 8% Sensex decline
- Record high / low
- ₹197.95 (21 July) / ₹88.40 (2 April)
- Listing
- 16 February 2026 at ₹129 issue price
- Q1FY27 PAT
- ₹74.5 crore, up 144% YoY
- Revenue growth
- +17.7% YoY
- Assets under management
- ₹7,324 crore, up 28% YoY
- Brokerage targets
- IIFL Capital ₹220; JM Financial ₹197
Quotes
Sanjay Sharma
Managing Director of Aye Finance
“At Aye Finance, the strength and capability of our leadership team elevate our performance. As our organisation has grown, we have, over the years, proactively re-energised and strengthened our leadership. I am pleased to congratulate Ankur, Piyush, Akash and Sovan on their promotions and look forward to their continued contributions to Aye Finance's growth”
livemint.com
Sources
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