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FIRSTCRY Brainbees Solutions News Story

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in flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeMid CapNeutral

India's FirstCry parent extends fall to record low

** Shares of Brainbees Solutions BRAE.NS fall 3.7% to a record low of 208 rupees

** Stock down for fourth staraight session, down ~22% post earnings on Friday

** Parent of baby products retailer FirstCry reported quarterly loss that widened 3.6 times from year ago

** Ambit Capital ("sell") says BRAE's India and international businesses face competitive intensity and last-mile challenges, delaying recovery

** While corrective initiatives are underway, revival will take time - Ambit

** Trading volume at 2.38 mln shares so far, above 30-day-avg of 1.46 mln shares

** Stock rated "buy" on avg by six analysts, median PT at 345 rupees - data compiled by LSEG

** BRAE down about 27% so far in 2026

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))

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