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AYE — Aye Finance News Story

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FinancialsHighly SpeculativeSmall CapTurnaround

India's Aye Finance jumps on quarterly profit rise in first results after listing

** Shares of Indian non-bank lender Aye Finance AYEF.NS up as much as 4.42% at 120.36 rupees; last up 1.99%

** Co reported qtrly profit rise of 87% y/y in first earnings after listing; total rev from operations rose by 22.7%

** AYEF made trade debut on February 16 at 129 rupees; IPO was subscribed 0.64 times

** Stock down 8.9% since debut

 (Reporting by Abhirami G in Bengaluru)

 ((abhirami.g@thomsonreuters.com))

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