Promoter and Institution shareholding in Axiscades Technologies Ltd. declined YoY and QoQ, contrasting with sector averages that remained stable at 0%.
Public shareholding also decreased, indicating a lack of retail confidence in the stock, which aligns with the overall selling trend observed in the stock.
In comparison to sector performance, Axiscades is not keeping pace, especially against peers like Mastek Ltd., which is a top performer with positive institutional changes.