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Brainbees Solutions Expands Stake in HS Fitness to Bolster Market Position

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Brainbees Solutions Expands Stake in HS Fitness to Bolster Market Position

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Brainbees Solutions Limited ( (IN:FIRSTCRY) ) just unveiled an update.

Brainbees Solutions Limited has announced that its material subsidiary, Globalbees Brands Private Limited, has increased its stake in HS Fitness Private Limited from 80% to 86.49%. HS Fitness, known for its ‘REACH’ brand fitness equipment and related services, has seen fluctuating financial performance over the past three years. This strategic acquisition aims to strengthen Globalbees’ position in the fitness equipment market, potentially enhancing its revenue streams and market influence.

More about Brainbees Solutions Limited

Brainbees Solutions Limited operates in the retail industry, primarily focusing on products and services related to children’s needs. Its market focus includes a wide range of offerings from clothing to toys, and it operates under the brand ‘FirstCry’.

Average Trading Volume: 190,748

Technical Sentiment Signal: Sell

Current Market Cap: 157.8B INR

For detailed information about FIRSTCRY stock, go to TipRanks’ Stock Analysis page.

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