Energy Development Company Ltd. shows no changes in shareholding across Promoters, Institutions, and Public, mirroring the sector averages which also exhibit no movement.

With both the stock and sector showing stagnant shareholding patterns, it indicates a lack of conviction from smart money and the public alike, suggesting a wait-and-see approach.

In contrast, notable performers in the sector like IEX and POWER GRID are attracting institutional interest, highlighting Energy Development Company Ltd.'s underperformance relative to its peers.