Promoter and Institution shareholding in CDG Petchem Ltd. have significantly decreased by 41.40% and 1.41% YoY and QoQ respectively, indicating lack of confidence from smart money.
In contrast, Public shareholding has surged by 58.59% YoY, suggesting reactive buying without strong underlying fundamentals.
Sector averages show no changes among Promoters and Institutions, reinforcing the notion of broad-based selling in CDG Petchem Ltd.