Promoter shareholding decreased by 1.72% YoY, while sector averages remained stable at 0% change, indicating a lack of confidence among insiders.

Institutional shareholding fell by 0.45% YoY and 1.54% QoQ, contrasting with sector averages that saw no changes, suggesting a broader retreat from the stock.

Public shareholding increased slightly, but this reactive move does not counterbalance the selling trends observed in smart money, reinforcing the bearish outlook.