Archive · 27 Jul 2026
Aye Finance Stock Drops on Profit Booking
Aye Finance's stock price fell by 2.82% to ₹167.05 on the BSE on Monday, 27 July, due to profit booking.
Despite this drop, the company reported strong quarterly results with a 144% year-on-year increase in profit after tax to ₹74.5 crore.
Brokerage firms IIFL Capital and JM Financial maintained buy calls with revised target prices of ₹220 and ₹197, respectively.
The stock has seen significant growth since its listing, up over 29% from its issue price of ₹129.
Aye Finance's stock price closed 2.82% lower at ₹167.05 on the BSE on 27 July due to profit booking.
The company reported a 144% year-on-year increase in profit after tax to ₹74.5 crore for Q1FY27.
Total revenue from operations rose 17.7% year-on-year to ₹477.37 crore.
Assets under management grew by 28% year-on-year to ₹7,324 crore.
Brokerage firms IIFL Capital and JM Financial maintained buy calls with revised target prices of ₹220 and ₹197, respectively.
- Who
- Aye Finance
- What
- Stock price drop due to profit booking
- When
- 27 July
- Where
- BSE
- Why
- Profit booking after a strong quarterly performance
Profit Booking
Positive Brokerage Calls
Stock Performance
Profit Booking
The stock closed 2.82% lower at ₹167.05 on profit booking.
Positive Brokerage Calls
The stock has surged over 29% since listing.
Brokerage Recommendations
Profit Booking
Not applicable
Positive Brokerage Calls
Both IIFL Capital and JM Financial maintained buy calls with revised target prices.
- Stock Price
- ₹167.05
- Profit After Tax (Q1FY27)
- ₹74.5 crore
- Revenue from Operations (Q1FY27)
- ₹477.37 crore
- Assets Under Management (AUM)
- ₹7,324 crore
- IIFL Capital Target Price
- ₹220
- JM Financial Target Price
- ₹197