CALCULATE YOUR SIP RETURNS

Dreamfolks Services Share Price Falls Over 3% Amid Program Closure and Financial Impact Warning

Written by: Team Angel OneUpdated on: 2 Jul 2025, 3:23 pm IST
Dreamfolks Services flags material financial impact post program closure with Axis Bank & ICICI Bank.
Dreamfolks Services Share Price Falls Over 3% Amid Program Closure and Financial Impact Warning
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Dreamfolks Services Ltd stock has come under the spotlight after the company informed the stock exchanges of program closures that could significantly affect its financial performance. 

The notice relates to some services previously offered in collaboration with private sector lenders like Axis Bank and ICICI Bank, prompting investor caution.

Program Closure Raises Financial Concerns

On July 1, 2025, Dreamfolks Services officially closed certain programs managed on behalf of Axis Bank and ICICI Bank. In an exchange filing dated June 30, the company confirmed that while programs have ended, the overarching contracts with these financial institutions remain valid. However, the company acknowledged that the impact of these closures may be material to its financials, causing the market to monitor the developments closely.

Company’s Position and Continued Engagement

Dreamfolks stated that its engagement with banking partners continues, and no contracts have been cancelled. The firm clarified that activating or deactivating service programs is part of its regular operations. Moreover, the company assured stakeholders that it remains committed to taking necessary steps to mitigate any adverse effects stemming from recent program changes.

Dreamfolks Services Share Price Ahead of the Announcement

As of July 1, 2025, shares of Dreamfolks Services ended at ₹237.5 on the NSE, showing little change for the day. Despite this stability, the stock has seen a decline of 8% over the past 1 month. The current price reflects a significant drop from its IPO valuation of ₹326.

Read More: ICICI Bank Raises ₹1,000 Crore via Tier-II Bonds Amid Strong Demand

Ongoing Client Integration Reassures Long-Term Involvement

The company has reiterated its long-standing relationships with key clients and highlighted the deep integration it enjoys with major banking partners. Annual negotiations on services and commercials are standard practice, and such evaluations are aligned with broader strategic goals. Management maintains that the client base remains intact, supporting the firm’s long-term positioning in the market.

Dreamfolks Services Share Price Performance

On July 2, 2025, Dreamfolks Services share price opened at ₹227.70 on NSE, below the previous close of ₹236.55. During the day, it surged to ₹233.48 and dipped to ₹225.22. The stock is trading at ₹228.29 as of 9:40 AM. The stock registered a significant decline of 3.49%.

Over the past week, it has declined by 0.70%, over the past month, it has declined by 10.98%, and over the past 3 months, it has declined by 1.17%.

Conclusion

Dreamfolks Services is navigating a transitional phase due to the closure of several key programs. While the financial repercussions are being assessed, the company’s ongoing association with major banks and readiness to implement mitigative measures provide operational continuity. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 2, 2025, 9:53 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers