Promoter shareholding increased by 7.02% YoY and 4.48% QoQ, indicating strong insider confidence amidst sector stagnation (0% change for Promoters).

Institutional shareholding remained stagnant at 0%, suggesting lack of institutional interest, contrasting with Promoter activity.

Public shareholding decreased by 3.21% YoY and 0.67% QoQ, indicating retail disinterest, reinforcing the contrarian stance where smart money is not aligned with public sentiment.