Promoter shareholding decreased by 2.69% YoY and QoQ, contrasting with sector averages where Promoter holdings remained stable at 0%.

Institutional shareholding fell significantly by 8.68% YoY and 5.43% QoQ, while sector institutions also showed no change, indicating a lack of confidence in Fusion Finance Ltd.

The public is the only group increasing their stake by 2.49% YoY and 2.39% QoQ, suggesting retail investors are reacting to the stock's performance despite the selling by smart money.