Promoter shareholding increased significantly by 68.78% YoY, indicating strong insider confidence contrary to sector trend where Promoter shareholding remained static.

Institution shareholding decreased by 1.06% QoQ, suggesting possible caution or profit-taking among institutional investors, reinforcing a contrarian stance.

Public participation grew slightly by 3.87% YoY, but overall sector averages show no growth, highlighting Alpex Solar as a unique case of smart money divergence.