The right is at 80 net and market price is 350 ! the ratio is 1:1 with last day as 27 May .
it is out of ASM and from today 28 may it is trading EX RIGHTS .
on the day of announcement of rights schedule open date as 23 July the market price is 229 per share with LC .
WHAT IS THE REASON FOR SUCH HIGH VALUATION ? THE FINANCIALS AND EVEN PROMOTERS GOODWILL ARE NOT AT ALL ATTRACTIVE .