Promoter and Institution shareholding in KG Denim has remained unchanged both YoY and QoQ, indicating a lack of support from smart money.

Public shareholding increased slightly QoQ by 3.82%, but this is reactive behavior rather than indicative of confidence from informed investors.

In the broader sector, there is no change in Promoter and Institution shareholding, suggesting a stagnant market environment, reflected in the poor performance of peers like GOKALDAS.