Promoter shareholding has significantly decreased by 55.68% YoY and 3.17% QoQ, contrasting with sector averages where Promoter shareholding remains stable at 0%.

Institutional shareholding is unchanged, indicating a lack of confidence or interest, while the Public has slightly increased their stake by 4.44% YoY, suggesting retail investors are more reactive.

The stock's performance is declining as evidenced by the contrast with sector leaders like ICONIKSPEV, which saw a notable 57.27% increase in institutional support, highlighting Amarnath Securities Ltd.'s underperformance.