Promoter shareholding decreased significantly both YoY (-6.29%) and QoQ (-5.97%), contrasting sharply with sector averages where no change occurred.
Institutional investors showed slight growth in shareholding (YoY: +2.96%, QoQ: +3.91%), indicating some confidence amidst broader selling pressures.
Public shareholding also declined, aligning with Promoter trends, suggesting a potential negative sentiment towards Avalon Technologies relative to peers.