Promoter shareholding increased by 91.01% YoY and QoQ, indicating strong insider confidence in BJ Duplex Boards Ltd.

Institutional shareholding remains unchanged at 0%, contrasting with the sector's average where institutions have also not increased their stakes, highlighting a notable divergence.

Public shareholding decreased by 5.69%, suggesting potential bearish sentiment among retail investors, further supporting the contrarian view of insiders buying amidst broader sector stagnation.