NBFC stock Aye Finance falls 3% on profit booking; JM Financial, IIFL Capital give buy calls after Q1 results
New Delhi, July 27 -- Aye Finance share price closed 2.82% lower at Rs.167.05 on the BSE on Monday, 27 July. Despite positive market sentiment, the NBFC stock ended in the red largely due to profit booking. Last week, the stock climbed more than 2%, snapping its two-week losing streak after reporting strong June-quarter earnings.
On a monthly scale, the stock is now nearly 4% down so far in July, looking set to snap its three-month winning streak. From April to June, the stock clocked a solid cumulative gain of 82%.
Since listing on February 16, 2026, Aye Finance shares have surged over 29%, rising from their issue price of Rs.129 to Rs.167.05 in less than six months.
On 22 July, the company said its profit after tax (PAT) grew 144% Yo...
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