ICICI Securities maintained a Buy rating on Aye Finance and set a revised target price of Rs 200, down from Rs 285, implying about 50% upside from Rs 133, citing resilient lending operations.

Aye Finance Ltd reported net profit of Rs 87 crore for the second quarter, up from Rs 35 crore a year earlier, with total income rising to Rs 527 crore, interest income to Rs 479 crore, net interest margin to 15.6 per cent and Assets Under Management to Rs 7,597 crore.