Promoter shareholding increased by 1% YoY, while the sector average remained unchanged, indicating support from insiders despite overall negative sentiment.

Public shareholding dropped significantly by 7.13% YoY and 2.34% QoQ, contrasting with stable sector averages, suggesting retail investors are losing confidence.

In a sector facing broader selling trends, Jai Balaji's public sell-off signals potential caution among retail investors, aligning with the sector's negative trajectory.