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DreamFolks Services dazzles on debut, stock zooms 56% over issue price

Shares of DreamFolks Services listed at Rs 508.70, a 56 per cent premium when compared with the issue price of Rs 326 per share on the National Stock Exchange (NSE) on Tuesday.

Photo: Kamlesh Pednekar
premium

Photo: Kamlesh Pednekar

Deepak Korgoankar Mumbai
DreamFolks Services made a strong stock market debut, with its shares listed at Rs 508.70, a 56 per cent premium when compared with the issue price of Rs 326 per share on the National Stock Exchange (NSE) on Tuesday. On the BSE, the stock opened at Rs 505, a 55 per cent premium over its issue price.

At 10:04 am; Dreamfolks traded at Rs 495.85, a solid 52 per cent higher against its issue price. The stock hit a high of Rs 550 on the BSE and Rs 549 on the NSE  in intra-day trades so far.

DreamFolks