Krsnaa Diagnostics surges on securing tender to establish & operate laboratory setup in Odisha

Krsnaa Diagnostics is currently trading at Rs. 445.55, up by 10.40 points or 2.39% from its previous closing of Rs. 435.15 on the BSE.

Krsnaa Diagnostics
Krsnaa Diagnostics

The scrip opened at Rs. 443.95 and has touched a high and low of Rs. 449.75 and Rs. 433.50 respectively. So far 4939 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 678.80 on 10-Feb-2022 and a 52 week low of Rs. 411.00 on 27-Jan-2023.

Last one week high and low of the scrip stood at Rs. 449.75 and Rs. 416.05 respectively. The current market cap of the company is Rs. 1398.92 crore.

The promoters holding in the company stood at 27.80%, while Institutions and Non-Institutions held 23.55% and 48.66% respectively.

Krsnaa Diagnostics has secured tender from Mission Directorate, National Health Mission, Odisha to Establish & Operate the Laboratory setup in a Hub & Spoke Model at various Government Health Institutions in Odisha State on Public Private Partnership (PPP) basis.

The company will set up minimum 5 or more hubs of its own laboratories which shall process samples from all 32 DHH, 33 SDH and 321 Block CHCs i.e. from Collection Centers and will report the cases within the Turnaround time specified against each tests.

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