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Rajnish Wellness Ltd is drawing attention with an acquisition proposal from Thailand’s Python Chemical Ltd for DavaDiscount and PlayWin, valued at 1050 crore, translating to 14 per share for its 76 crore shares. Nearly debt-free and with a market cap of only 194 crore, Rajnish trades close to its low of 2.52, aiming to reach its high of 14.7.
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