Promoter shareholding increased significantly by 50.15% YoY, indicating strong insider confidence in Afcons Infrastructure Ltd. amid a stagnant sector.

Institutional ownership also grew by 15.29% YoY and 5.27% QoQ, suggesting robust due diligence and interest from smart money, contrasting with the sector averages which show no change.

Public shareholding saw a slight decrease of 1.02% QoQ, reflecting a potential lack of retail confidence, further supporting the case for Afcons as a contrarian favorite in a sector that is not seeing similar enthusiasm.