Both Promoter and Institution shareholding in Kennametal India Ltd. remained stable, with no changes YoY or QoQ, which indicates a lack of confidence in driving new investment.
The sector averages also show no changes for Promoters and Institutions, suggesting a broader trend of stagnation, reflecting a cautious market environment.
In comparison to sector performers, Kennametal India Ltd. is not experiencing any growth momentum, contrasting with stocks like DEEDEV, which saw significant institutional buying.