Shares of Aye Finance climbed more than 4% in intraday trading on Thursday, July 9, breaking a four-day losing streak as positive sentiment swept through the Indian small-cap segment.
The non-banking financial company (NBFC) has seen its valuation surge over the past quarter, with the stock rising more than 60% since April.
Aye Finance reported that its Assets Under Management (AUM) grew 28% year-on-year to ₹7,329 crore for the quarter ended June 30, 2026, up from ₹5,721 crore in the same period last year.
The shares opened at ₹164.80, tracking the broader market's recovery.
The rally follows a strong operational update from the lender.
Aye Finance reported that its Assets Under Management (AUM) grew 28% year-on-year to ₹7,329 crore for the quarter ended June 30, 2026, up from ₹5,721 crore in the same period last year. This expansion in the loan book has been a key driver of investor interest in the stock, which hit a 52-week high of ₹184.60 on July 2 after touching a 52-week low of ₹88.40 in April.
The company's performance mirrors a broader trend in the Indian NBFC sector, where outstanding loans increased 2% year-on-year in the January-March quarter of 2026, driven by higher credit extension to the private sector. Investors are closely watching how small-cap lenders like Aye Finance navigate the current credit cycle, balancing growth ambitions with asset quality concerns.