Promoter shareholding decreased by 3.75% YoY and QoQ, contrasting with sector averages where Promoter holdings remained stable (0%) indicating insider selling.

Institutional shareholding is unchanged (0%), suggesting a lack of confidence or interest in Adline Chem Lab compared to sector dynamics.

Public shareholding increased by 1.23%, reflecting a reactive retail interest, yet the overall trend indicates a divergence from overall sector health.