Aye Finance shares gain nearly 4% despite broader market weakness

what happened

Shares of small-cap NBFC Aye Finance advanced almost 4% on the BSE on Monday, 12 October, even as sentiment across the stock market remained weak. Mint reported that the stock began trading at Rs.156.50, compared with the previous close of Rs.157.45, before reaching an intraday peak of Rs.163.35, a gain of 3.7%. At about 1 pm, it was up 2.2% at Rs.160.95, while the Sensex was down 0.77% at 71,917.

The move followed an exchange filing dated 12 October. Aye Finance said its board would meet on Wednesday, 21 October, to review and approve financial results covering the quarter and the year-to-date period through 30 September 2026. The company has scheduled an earnings call for 10 am on Thursday, 22 October, to discuss its strategy and outlook after releasing its Q2FY27 figures.

During Q1FY27, profit after tax rose 144% year on year to Rs.74.5 crore, although it fell 13.3% from the preceding quarter. Revenue from operations increased 17.7% year on year but declined 7.3% quarter on quarter to Rs.477.37 crore. Aye Finance’s filing on 8 October showed that assets under management reached Rs.7,604 crore in the September quarter of financial year 2026-27, up 26% year on year. Quarterly disbursements climbed 10% to Rs.1,403 crore, while gross non-performing assets improved to 4.30% from 4.85% a year earlier. The company’s market capitalisation is about Rs.3,978 crore. The stock has gained nearly 50% over six months, against a 7% decline in the Sensex. It recorded a 52-week high of Rs.197.95 on 21 July after touching a 52-week low of Rs.88.40 on 2 April. In October, it is up more than 3% following a decline of over 13% in September.

why it matters

The stock’s advance contrasted with the decline in the Sensex. The scheduled results and conference call are the next stated events that may give the market additional information on Aye Finance’s operating performance.

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