Well RPL story is different. The promoter did not make the RPL fall from 298 or so. It was the operators(funny one of the fellow who we call the warren buffet of India. I don't think Warren Buffet would have ever thought about shorting a scrip) who shorted this scrip left and right and created havoc amongst retail investors and made them dump at whatever price came their way and brought it all the way back. Infact the promoters would have been more than happy to sell the same 4% at 300 vs 224 if you were to think logically.
First who is this warren buffet of India?
Secondly where does he short the scrip. Is it in the futures market?
Thirdly, can one operator be more powerful than the entire market?
Cheers
Brijesh