Whalesbook
DreamFolks reported a significant 41% quarter-on-quarter revenue decline to INR 2.0 billion in 2QFY26, primarily due to the suspension of domestic lounge services. EBITDA fell 56% QoQ to INR 120 million, and PAT dropped 47% QoQ to INR 112 million. Despite these results, Motilal Oswal maintained its BUY rating on the stock, setting a target price of INR 140 per share, indicating a potential 14% upside.