Promoters maintained their stake with no change, indicating stability; however, institutions reduced their holdings slightly by 0.44% YoY, contrasting with a sector average of no change.
Public shareholding increased slightly by 0.08% YoY, but the overall trend indicates a lack of robust support from the smart money, suggesting cautious sentiment.
In comparison to sector movers, Flair Writing Industries Ltd. does not exhibit the same positive momentum as the best performer IXIGO, which saw a significant institutional increase of 58.89%.