Both Promoters and Institutions are reducing their stakes in Go Digit General Insurance Ltd., with YoY declines of -0.48% and -0.54%, respectively, which is contrary to the sector averages showing no change.
Public shareholding also decreased by -1.40% YoY, indicating a lack of confidence among retail investors, aligning with the overall selling trend in the stock.
In contrast to Go Digit, the best-performing stock in the sector, NIVABUPA, saw a significant institutional increase of 17.54% YoY, highlighting a divergence in market sentiment.