@shashikanth : What is interesting here is to note that while POCT is a competitor for Krsnaa, TCIL is a PSU entity with no relation to the diagnostics industry.
IMO, the Rajasthan tender is too big to ignore and the Krsnaa management has given a lot of bandwidth to the same as well – to finally not submit their bid.
I am hoping the TCIL bid is a consortium with Krsnaa at the core of it (details should be revealed soon). I would be very disappointed if that is not the case. On the other hand, if indeed Krsnaa has chosen to bid by including a PSU partner, more power to them!
Disclosure: Invested, and biased. Krsnaa is the largest weightage in my portfolio. Avg. buy price is above 500.
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