Krsnaa Diagnostics – what is the diagnosis?

Update on this : Management has clarified on the concall that the tender was cancelled because apart from Krsnaa the other participants did not qualify the technical/financial criteria for bidding. They expect the contract to be re-tendered in Nov and results to be declared in Dec. So it seems like the growth trigger still exists for Krsnaa and on the basis of the no-shows in the last tender, Krsnaa are in pole position to win the contract.

Concall snippet below