Both Promoter and Institution shareholdings for Avance Technologies Ltd. have remained unchanged year-over-year and quarter-over-quarter, indicating a lack of confidence from smart money.

Public shareholding has decreased by 10.02% YoY, suggesting a significant withdrawal of retail investors, while the sector averages remain stable.

In the broader IT sector, with no notable movements in promoter and institution holdings, Avance mirrors the sector's stagnation, reinforcing a 'Broad-Based Selling' sentiment.