Shares of Dreamfolks Services Ltd. surged as much as 15% on Monday, October 13, extending its gains for the fifth straight trading session.

The stock has gained in six out of the last seven trading sessions, during which, it has risen as much as 40%.

Monday's gains have also come on the back of strong volumes. Over 15 lakh shares of the company have already changed hands on Monday, in comparison to the 20-day average of 95,000 shares.

The company had made a slew of announcements last week. Here's a look at some of them:

October 7

The company announced that The Card Company, an RBI-licensed issuer of prepaid payment instruments, announced a strategic collaboration with Dreamfolks Services.

The collaboration was for the launch of their Wallet product "Alpha", which is India's first pre

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