Promoter shareholding increased by 2.82% YoY while sector average is flat (0%), indicating some level of insider confidence despite sector stagnation.

Institutional shareholding remained unchanged, reflecting a lack of interest from smart money in Bonlon Industries compared to sector leaders like SHALIMAR WIR, which saw a 25.95% increase.

Public shareholding decreased by 0.74% YoY but increased 2.61% QoQ, suggesting retail investors are reacting late to market trends, aligning with the overall sector's stagnant performance.