Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Brainbees Solutions Limited ( (IN:FIRSTCRY) ) has shared an announcement.
Brainbees Solutions Limited announced that its subsidiary, Globalbees Brands Private Limited, has agreed to acquire an additional 14.91% stake in Dynamic IT Solution Private Limited, increasing its total shareholding to 89.91%. This acquisition, valued at INR 1.5 Crore, is expected to strengthen Globalbees’ position in the fitness and sports products industry, potentially enhancing its market influence and operational capabilities.
More about Brainbees Solutions Limited
Brainbees Solutions Limited operates in the retail industry, primarily focusing on children’s products and services. It is associated with Globalbees Brands Private Limited, which is involved in acquiring stakes in companies like Dynamic IT Solution Private Limited, known for its fitness equipment and sports products under the brand ‘Strauss’.
Average Trading Volume: 188,993
Technical Sentiment Signal: Strong Sell
Current Market Cap: 190B INR
See more insights into FIRSTCRY stock on TipRanks’ Stock Analysis page.