Promoter shareholding remains unchanged year-over-year and quarter-over-quarter, indicating a lack of insider confidence in growth.

Institutional investors increased their stake by 2.14% YoY, which contrasts with the sector average where institutions showed no change, suggesting selective interest rather than broader sector confidence.

Public shareholding decreased by 0.58% YoY and 1.22% QoQ, reflecting a negative sentiment among retail investors, further indicating the stock's struggle compared to sector trends.