Promoter shareholding declined slightly by 0.33% YoY while remaining unchanged QoQ, indicating a lack of confidence from insiders.

Institution shareholding has remained stable with no changes, corroborating a broader trend of stagnation in the sector where both Promoters and Institutions show no growth.

Public shareholding increased by 2.85% YoY and 0.95% QoQ, but this retail-driven rise may not be sustainable given the static stance of smart money.