Promoter shareholding decreased by 5.06% YoY, while sector averages remain unchanged, indicating a lack of confidence among insiders.

Institutional holdings are stagnant at 0% change YoY and QoQ, suggesting institutions are not favoring ARC Finance Ltd. relative to other sector opportunities.

Public shareholding has increased significantly by 23.85% YoY, but this could reflect reactive buying rather than conviction, contrasting with the lack of institutional support.