My comment will not be related to share price movement but just some general info.
Although financials have mystical balance sheets i.e. you don’t what can jump out of the bag but still credit ratings can do some what of a ok job especially with recent SEBI’s crackdown on these rating agencies.
Here’s the latest rating update. Hope it’s of some help
https://www.icra.in/Rationale/ShowRationaleReport/?Id=115090
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