India's Krsnaa Diagnostics rises as contract expands on additional clinics

Krsnaa Diagnostics

10/04/2023 11:02

** Shares of Krsnaa Diagnostics Ltd  KRSN.NS  rise as much
as 2.8% to 508.15 rupees, their highest since Oct 7, 2022
    ** The municipal corporation of the Indian city of Mumbai
has directed KRSN to set up additional 47 clinics to provide
manpower and logistics facility for blood collection
    ** The pathology and radiology diagnostics services provider
said on Jan 30 that it won a tender to provide services of lab
investigation facilities on Public Private Partnership basis
    ** About 116,179 shares change hands vs 30-day avg of
167,768 shares
    ** Stock trades above its 50-, 100-, and 200-day moving
averages
    ** Moving average convergence divergence (MACD) line is over
signal line, suggesting bullish momentum
    ** Stock up 7.3% this year, as of last close


 (Reporting by Priya Sagar in Bengaluru)
 ((Priya.Sagar@thomsonreuters.com;))