The RT-PCR tests will carry on, and the massive vaccination drive will require lakhs of antibody tests to check for immunity
Lower surgeries and rising costs also likely to impact earnings; valuations too are rich
India on Wednesday reported a spike of 9,985 more COVID-19 cases in the last 24 hours, taking the country's COVID-19 count to 2,76,583, according to the Union Ministry of Health and Family Welfare
Firm will be scaling up its capacity up to 2,000-2,500 tests a day as per ICMR norms by next week
Strong outlook, robust return ratios will support valuations