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FIRSTCRY Brainbees Solutions News Story

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Consumer CyclicalsSpeculativeMid CapNeutral

India's FirstCry parent Brainbees surges on block deals at premium

** Shares of Brainbees Solutions BRAE.NS, parent of baby products retailer FirstCry, surge 18.4% to 248.8 rupees; set for its best-ever single-day percentage rise

** Around 4.5 million shares traded across 10 separate block deals, all at a premium to Thursday's closing price of 210.06 rupees - National Stock Exchange of India data

** Overall, ~58.8 million shares change hands in BRAE's second-busiest session on record

** Analysts tracking stock rate it "hold" on average - data compiled by LSEG

** Stock, which hit a record low last month, narrows YTD losses to 13.4%

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

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