Although my app exceeded 100 K New users acquired, Google Play application page shows 50 K+ installs. Google Play presents download badges based on 'Total User Installs (total number of unique users who have ever installed this app on one or more of their devices)'.
This number should not be recognized as a sole number for a download count badge. In order to see the unique install count of your app, go to Google Play console > Dashboard page > New users acquired (Select 'Lifetime' from top-right dropdown instead of last 30 days). Google Play does not update 'Download Badge' immediately.
