Strong Debut

FirstCry's parent company, Brainbees Solutions, made a strong debut on the stock market with shares listing at a premium of 40% over the IPO price.

Overvaluation Concerns

Experts believe the current share price is significantly higher than the fair value of the company, indicating potential overvaluation

Market Sentiment

While initial investor enthusiasm is high, market sentiment can be volatile and change rapidly.

Company Challenges

Brainbees Solutions faces issues such as negative cash flows, regulatory challenges, and increasing debt.

Risk of Correction

Due to the sharp rise in price, there's a heightened risk of a price correction in the future.

Expert Recommendation

Most experts advise investors who received shares during the IPO to consider booking profits to secure their gains.

Caution for New Investors

Those who didn't get shares during the IPO are advised to avoid buying at the current high price.

Thorough Research Essential

Before making any investment decisions, it's crucial to conduct thorough research or consult with a financial advisor.