Comment on Consequences of Short delivery - NSE/BSE
Ankit, the bad news is that in the auction market for a stock like this, you will most likely loose more money and even if the stock comes down don’t think you will get any benefit of this. There is no real way to calculate what the final auction settlement price could be. Be prepared for the worst, and ensure that you learn from this mistake, (don’t intraday stocks which have circuits).