Promoter shareholding is stable (1.48% YoY increase) while Institutions have decreased their stake (-1.59% YoY), indicating a lack of confidence from smart money.

Public participation has increased significantly (1.61% YoY and 15.53% QoQ), but this often reflects reactive behavior rather than informed investment.

The sector shows no net change in shareholding across all categories, aligning with Integrated Industries Ltd.'s mixed signals, reinforcing the broad-based selling title.