Promoter shareholding remains stable (0.00% change YoY and QoQ), indicating no insider selling, which is a positive sign amid sector stability.

Institutional shareholding increased by 1.33% YoY, contrasting with sector averages that show no change, suggesting smart money is selectively favoring Birla Corporation.

Public shareholding is also stable, which may indicate a lack of retail enthusiasm; however, stability among smart money could provide a solid foundation for future growth.