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ICICI, Axis, Mastercard Exit Hits Dreamfolks Shares by 4%

June 19, 2025 | Market News Dreamfolks Services Ltd., a leading airport services aggregator in India, witnessed a sharp 4% decline in its share price today following reports that three major stakeholders—ICICI Bank, Axis Bank, and Mastercard—have exited their investment positions in the company.

What Triggered the Sell-Off?

According to stock market reports, ICICI Bank, Axis Bank, and Mastercard jointly offloaded a significant portion of their holdings in Dreamfolks through block deals on the stock exchange. The news triggered immediate selling pressure among investors, dragging the share price down by nearly 4% in early trade.

The move came as a surprise to market participants, especially given Dreamfolks’ consistent revenue growth and strategic position in the aviation hospitality sector.https://mediawala.live

Stake Sale Details

Though the exact quantum of shares sold by each entity is yet to be officially confirmed, sources suggest that a combined stake of over 12% was offloaded. The block deals were reportedly executed at a slight discount to the prevailing market price, intensifying the stock’s intraday volatility.

Market Reaction

Following the exit:

  • Dreamfolks stock opened lower and continued to slide during the first half of the trading session.
  • Investor sentiment turned cautious, despite the company maintaining strong fundamentals and profitability in recent quarters.
  • Analysts suggest the sell-off may be a portfolio realignment or profit booking by the exiting institutions rather than a negative outlook on the company.

Company Outlook Remains Stable

Despite the sharp fall, market experts maintain a neutral to positive stance on Dreamfolks Services, highlighting:

  • Increasing footfall in Indian airports
  • Robust demand for premium travel services
  • Strategic partnerships with leading banks and card issuers

The company has also been expanding its value-added services such as lounge access, wellness zones, and concierge assistance, aiming to diversify revenue streams.

What Should Investors Do?

Market analysts recommend that retail investors:

  • Avoid panic selling during such institutional exits
  • Focus on long-term growth potential
  • Wait for further clarity from the management on stakeholder changes

Some brokerages have reiterated a “Buy” or “Hold” rating on Dreamfolks, citing strong business fundamentals and expanding service portfolio.

Conclusion

The exit of ICICI Bank, Axis Bank, and Mastercard has temporarily impacted Dreamfolks’ market valuation. However, with a robust business model and expanding footprint in the travel and hospitality sector, the long-term story remains intact. Investors are advised to monitor the situation closely while keeping an eye on upcoming earnings and future guidance from the company.

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