Promoter shareholding decreased by 0.07% YoY and QoQ, contradicting sector stability where Promoter holdings remained unchanged.
Institution shareholding also declined by 0.38% YoY, while the sector showed no change, indicating a lack of confidence in Greaves Cotton compared to peers.
Public participation slightly increased by 0.04% YoY and 0.01% QoQ, but this minor uptick is not indicative of strong retail interest amidst declining institutional and promoter activity.