Promoter shareholding remains unchanged YoY and QoQ, indicating stability but no confidence boost from insiders.
Institutional investors are reducing their positions, with a YoY decline of 1.11% and a QoQ decline of 0.16%, suggesting a lack of institutional confidence in Finolex Industries compared to sector averages.
Public shareholding has increased slightly, but this is not enough to counterbalance the selling from Promoters and Institutions, aligning with broader sector trends.