Dreamfolks Stock Plummets Amid Airport Operator Rivalry

  Published 11 months ago

DREM.NS drops 6.4% to 178.71 rupees, shedding 3.11 billion rupees in four days amid airport operator pressure and fintech competition.

  • CEO blames "pressure tactics" from airport operators entering the same business line, causing 5% drop on July 2.
  • Adani Airport CEO cites fintech revolution cutting middlemen, leading to 3% DREM.NS decline on the same day.
  • DREM.NS is down 54% year to date amid a prolonged losing streak and sectoral challenges.

You might like these

BSE Net Profit Doubles in Q1 FY26

FAST India & Indegene Partner to Boost Biotech Innovation

Muthoot Capital Swings to Q1 Loss

Indian Market: Steady Start Amid Global Uncertainty

Jio Delays IPO, Focuses on Growth

PNB Q2 Profit Up 14% on Retail Growth

Jindal Stainless Q1 Profit Up Amid Trade Woes

News that matters the most ⚡