Equity99's research report on Dreamfolks Services
The company is a dominant player and India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology driven platform. The company entered into strategic collaboration with Plaza Premium Group to include more than 340 Plaza Premium Lounges in more than 70 major international airports into its global lounge network. The company completed the process of incorporating a wholly owned subsidiary company namely ‘Dreamfolks Services’ in Singapore. The company is all set to acquire 60% stake in one of the foremost & leading golf privileges providers Vidsur Golf for an aggregate cash consideration of Rs 1.50 crore.
Outlook
Given the monopolistic nature of business and further growth potential in the air travel and credit card segment, the company is likely to perform well in coming quarters. Target is kept at Rs.1000 with a Investment horizon of 12-18 months and keeping Stop loss at Rs.650
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