Promoters and Public shareholders are both significantly reducing their stakes in Anand Rayons Ltd., with Promoter shareholding down 12.5% YoY and 13.2% QoQ, while the Public has decreased their holdings by 3.95% YoY and 5.11% QoQ.

In contrast, the sector averages show no change for Promoters, Institutions, or the Public, indicating a divergence where Anand Rayons Ltd. is underperforming relative to the sector.

The lack of Institutional buying (0% change) further reinforces the bearish sentiment, making Anand Rayons Ltd. a sector laggard amidst a stable sector environment.