So the last date for trading the rights on the NSE have come and gone with plenty of rights that had been put on offer going unsold. This is a pointer that the rights will NOT reach full subscription.
All the same, I think with the current froth in the market, there may be a SHORT TERM bounce in the offing, once the date for payment passes (i.e. 27th April) and shares become scarce for a while. On that basis, I have gotten me some @ 14 PURELY for SPECULATION.