{"id":114642,"date":"2023-11-30T11:46:43","date_gmt":"2023-11-30T06:16:43","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114642"},"modified":"2023-11-30T11:46:46","modified_gmt":"2023-11-30T06:16:46","slug":"monopoly-stock-jumps-2-6-after-it-collaborates-with-russian-company-to-expand-business","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-2-6-after-it-collaborates-with-russian-company-to-expand-business\/","title":{"rendered":"Monopoly stock jumps 2.6% after it collaborates with Russian company to expand business\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1958620748\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of India\u2019s leading airport &amp; travel services aggregator rose 2.6 percent to an intraday high of Rs 567 per share after collaborating with Russia-based airport and lounge service aggregator &#8220;Grey Wall\u201d.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2371367496\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/DREAMFOLKS\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Dream Folks Ltd<\/a><\/strong> is a small-cap stock having a Rs 2,960 crore market value. The shares of the company have returned 15 percent in the last month and 52 percent in the previous year.\u00a0<\/p><p>DreamFolks to strengthen its global presence collaborated with Grey Wall, one of the largest airport and lounge service aggregators in Russia.&nbsp;<\/p><p>DreamFolks and Grey Wall aim to improve the cross-border travel experience with this collaboration. Clients of DreamFolks and their end users have access to Grey Wall&#8217;s extensive ecosystem of lounges and services in Russia. The business stated in its filing.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2010293350\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>DreamWorks technology platform will provide seamless access to around 100 lounges in important airports and train stations throughout Russia, delivering a frictionless experience for travellers seeking lounge access.&nbsp;<\/p><p>In addition to this, Grey Wall stands to capitalise on DreamFolks&#8217; vast network of Clients, a strategic avenue to increase footfall at their lounges. This synergy between the two entities promises a blend of premium amenities and streamlined services.&nbsp;<\/p><p>In India, Dreamfolks has a 68 percent market share in lounges, and a 22 percent market share in exclusive airport lounges, the company enjoys a market share of over 90% in the domestic lounge access market for India-issued debit and credit programs.&nbsp;<\/p><p>In recent quarters company has expanded its global footprint by entering Malaysia Market and company Partnered with one of the biggest card issuers in the country to provide Golf services to their customers.&nbsp;<\/p><p>The Dreamfolks receives 95 percent of its revenue from lounge service charges and 5 percent from fees associated with other airport services such as food and beverages, meet and assist airport transfers, and so on.<\/p><p>The company operates over 1,500 touchpoints in 540 locations and 121 countries as of March 31, 2023. Additionally, the business manages 56 lounges around India.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-2750603351\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>According to financials, operating revenues increased by 65 percent from Rs 171 crore in Q2FY23 to Rs 282 crore in Q2FY24, while net profit increased by 20 percent over the same period, from Rs 15 crore to Rs 18 crore.&nbsp;<\/p><p>DreamFolks is India\u2019s leading airport &amp; travel services aggregator and provides an in-house proprietary technology platform that allows its clients such as Banks, Card Networks, Airlines, OTAs, and Enterprises to create custom offerings for their end Consumers.&nbsp;<\/p><p>At the time of writing this report, Dream Folks shares were trading at Rs 559.10 per share, up 1.19 percent from the previous close price.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3837972847\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of India\u2019s leading airport &amp; travel services aggregator rose 2.6 percent to an intraday high of Rs 567 per share after collaborating with Russia-based airport and lounge service aggregator &#8220;Grey Wall\u201d.&nbsp; Dream Folks Ltd is a small-cap stock having a Rs 2,960 crore market value. The shares of the company have returned 15 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[14790,14789,14788,948,936],"class_list":["post-114642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-dream-folks-expansion","tag-dream-folks-latest-news","tag-dream-folks-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Monopoly stock jumps 2.6% after it collaborates with Russian company to expand business\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of India\u2019s leading airport &amp; travel services aggregator rose 2.6 percent to an intraday high of Rs 567 per share after collaborating with Russia-based airport and lounge service aggregator &quot;Grey Wall\u201d.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-2-6-after-it-collaborates-with-russian-company-to-expand-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monopoly stock jumps 2.6% after it collaborates with Russian company to expand business\u00a0\" \/>\n<meta property=\"og:description\" content=\"The shares of India\u2019s leading airport &amp; travel services aggregator rose 2.6 percent to an intraday high of Rs 567 per share after collaborating with Russia-based airport and lounge service aggregator &quot;Grey Wall\u201d.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-2-6-after-it-collaborates-with-russian-company-to-expand-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-30T06:16:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-30T06:16:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Markets-5-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-2-6-after-it-collaborates-with-russian-company-to-expand-business\/\",\"url\":\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-2-6-after-it-collaborates-with-russian-company-to-expand-business\/\",\"name\":\"Monopoly stock jumps 2.6% after it collaborates with Russian company to expand business\u00a0 - 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