India's Dreamfolks Services rises on partnership with visa service provider

Dreamfolks Services

31/08/2023 07:11

** Shares of airport service aggregator Dreamfolks Services
 DREM.NS  rise as much as 4.11% to 521.50 rupees 
    ** Co said on Wednesday it has entered into a strategic
partnership with a Visa service provider to offer premium
lounges at visa centers and doorstep visa services
    ** DREM didn't disclose the name of the visa service
provider
    ** Share price above 200-day simple moving averages, but
below 50-day and 100-day SMAs
    ** More than 474,000 shares change hands, 0.6x 30-day avg
    ** Two of the three analysts covering the stock have a
"strong buy" rating while one has "sell"; median PT is 635
rupees - Refinitiv data
    ** Dreamfolks stock up 40% YTD


 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))