Global lounge business will continue as usual, the company said in a regulatory filing on September 16
On July 4, Bajaj Finance offloaded 3.09 lakh shares worth Rs 61 crore at an average price of Rs 196.32 apiece, while Motilal Oswal Mutual Fund sold 2.7 lakh shares worth Rs 57 crore at an average price of Rs 211.14 apiece
On June 20, Dreamfolks shares were trading 3.6% lower at Rs 227.5 apiece, thus extending their two-day losses to nearly 15%
The management of Dreamfolks told CNBC-TV18 that the news report is 'incorrect' there has been no cancellations in its partnership with clients, and its relations with all partners remain 'strong and fully intact'.
Dreamfolks Services, Sterling and Wilson Renewable Energy, Ugro Capital, Aster DM Healthcare, ONGC, Ramco Cements, Tata Steel, Avalon Technologies, and HDFC Bank will also be in focus on September 23.
The new offering marks DreamFolks’ expansion beyond airports and railway stations.
The domestic aviation and airline industry is highly under-penetrated and there is scope for rapid expansion as air travel increases, Motilal Oswal has said
The share touched a 52-week high of Rs 846.75 and a 52-week low of Rs 348.20 on 02 August, 2023 and 27 December, 2022, respectively.
According to Mobius, investors can find such companies in sectors like software, construction materials and healthcare. For instance, he is betting big on stocks like Persistent Systems, APL Apollo Tubes, Dreamfolks Services and MapMyIndia
Smallcap World Fund offloaded shares in Dreamfolks Services, and Shriram Finance, but bought in Aavas Financiers via block deals.
Nearly 12.4 lakh shares of Dreamfolks were sold in a block deal at the NSE. It was not immediately clear who the buyers or sellers were in the deal.