FirstCry Shares Surge 10% After Year-Long Decline: Is This a Reversal?
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CNBC Awaaz•20-02-2026, 09:57
FirstCry Shares Surge 10% After Year-Long Decline: Is This a Reversal?
•Shares of Brainbees Solutions Ltd (FirstCry) jumped 10% to cross 240 rupees after an almost flat start, attracting market attention.
•The surge comes after a significant 40% decline over the past year, with the share falling from 734 rupees to an all-time low of 207 rupees.
•Foreign Institutional Investors (FIIs) continuously sold holdings, decreasing their stake from 9.62% in December 2024 to about 4% by December 2025.
•FirstCry, with a market cap of 12,000 crore rupees, is India's largest mother-baby-kids products retail company, operating online and through over 1,000 franchise stores.
•Despite 8,316 crore rupees in revenue in FY25, the company is not yet profitable, facing competition from Amazon and Reliance, making profitability a key challenge.
