Indus Towers Ltd. shows a decline in both Promoter (-2.01%) and Institution (-2.03%) shareholding YoY, contrasting with stable sector averages.

Institutional selling is more pronounced in Indus Towers, with a QoQ decline of -3.62%, indicating lack of confidence among smart money.

Comparison with sector movers reveals Indus Towers lagging significantly; best performer IDEA has seen a +21.79% YoY institutional increase, highlighting sector divergence.