Dreamfolks Services soars on incorporating wholly owned subsidiary
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Dreamfolks Services is currently trading at Rs. 445.05, up by 10.00 points or 2.30% from its previous closing of Rs. 435.05 on the BSE.
The scrip opened at Rs. 437.95 and has touched a high and low of Rs. 447.70 and Rs. 433.85 respectively. So far 8152 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 06-Sep-2022 and a 52 week low of Rs. 348.20 on 27-Dec-2022.
Last one week high and low of the scrip stood at Rs. 456.00 and Rs. 432.35 respectively. The current market cap of the company is Rs. 2325.13 crore.
The promoters holding in the company stood at 67.00%, while Institutions and Non-Institutions held 20.47% and 12.53% respectively.
Dreamfolks Services has completed the process of incorporating a wholly owned subsidiary company namely ‘Dreamfolks Services’ in Singapore. The main objective of the new subsidiary is to carry out the operations related to airport operation services including lounge operations and access, running of loyalty programs. This will support the growth and business expansion of the company.
DreamFolks is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging its proprietary technology solutions.
