New Delhi, July 2 -- Shares of Dreamfolks Services dropped sharply on Wednesday, July 2, falling as much as 4.7 percent to Rs.225 in intra-day trade after the company announced that several service programmes linked to major private sector banks had been discontinued. The development, disclosed via a stock exchange filing, triggered fresh concerns about the company's revenue stream and future outlook.

In a regulatory filing issued on Monday, Dreamfolks said that certain travel-related programmes associated with Axis Bank and ICICI Bank were discontinued effective July 1, 2025. While the company clarified that its overall contractual relationships with these clients remain intact, the shuttering of specific programmes may have "a material...