New Delhi, March 20 -- Shares of Brainbees Solutions, the company that operates baby and mother care products retailer FirstCry, saw a sharp spike in demand during Friday's session, March 20, as they were locked in the 20% upper circuit at Rs.252 apiece.

Today's rally came as a big relief for shareholders, as the stock has been struggling to gain traction on the Indian stock market. It had closed each of the last five months in the red, losing a cumulative 43%.

Although there were no fundamental triggers behind the sharp rise in Brainbees Solutions' share price, trading volumes surged significantly, with nearly 65 million shares changing hands on both the NSE and BSE as of 2:45 PM, 26 times higher than the average weekly volumes, accord...