Aye Finance surges to a high of Rs 179.69 on Monday, extending a strong rally after the company promoted four senior leaders to chief roles.

The trigger this time was an exchange filing announcing a round of leadership elevations at the NBFC. Four executives moved into chief-level positions.

Ankur Sharma takes over as Chief Human Resources Officer, Piyush Maheshwari becomes Chief Credit and Operations Officer, Akash Purswani steps into the Chief Collection Officer role, and Sovan Satyaprakash is now Chief Strategy and Investor Relations Officer.

Managing director Sanjay Sharma said the moves reflect years of investment in building a strong internal leadership bench, and that the newly promoted executives would help the company manage its growing scale across credit, collections, people and strategy.

He added that their consistent track record and fresh thinking made them well suited to lead through this next phase of growth. The promotions land just days after a strong set of June quarter numbers.

Aye Finance profit after tax jumped 144% year-on-year to Rs 74.5 crore in Q1FY27, while revenue from operations grew 17.7%.

Assets under management rose 28% to Rs 7,324 crore, helped by a 38% jump in new customer onboarding. The stock’s run has been striking since its stock market debut.

Aye Finance listed on 16 February at an issue price of Rs 129, and shares have gained more than 37% since then.

Year to date, the stock is up 36%, even as the Sensex has slipped 8% over the same period.

It hit a record high of Rs 197.95 on 21 July, not far from a record low of Rs 88.40 touched just weeks earlier on 2 April.

As of 14:43 pm, Aye Finance was trading at Rs 177.75 on the NSE, up 4.27% for the day.

Ready to invest like a pro? Tradz by EquityPandit app equips you with 100+ Free tools and knowledge you need to succeed. Download the Tradz by EquityPandit app and gain access to daily stock lists and insightful market analysis and much more!