DHFL - Why is the Stock Falling?

A question I am sure a lot of us have been asking…answered along with a detailed analysis.

But why always in hindsight? Why after the bloodbath?

Simple as, no one can exactly predict the market.
No one.

because no one wants to listen before that blood bath.

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Never buy a share where corporate governance issue involving regulatory authorities are there .

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Yesterday it was down by 30% and hit multi year lows

Book value 280 and stock at 50.What does it imply?