Maintained a 'buy' call on Aye Finance, revising the target price to ₹197 from ₹190. The firm values the stock at 1.4 times FY28E BVPS, citing expectations of a 30% AUM CAGR and 53% EPS CAGR over FY26–28E, supported by robust Q1FY27 performance.

JM Financial Analysis’s track record: 4 graded calls · 95% CI 5–70%

Aye FinanceBullishCalled 10 Aug 2026
Verdict:PENDING

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