Promoter shareholding increased slightly YoY (+1.05%), while Institutions and Public sold off (-0.91% and -0.85% YoY respectively), indicating a lack of confidence from institutional and retail investors.
Compared to sector averages where Promoter and Institution holdings remained unchanged, LG Balakrishnan's mixed signals highlight a divergence in sentiment and performance.
With BELRISE showing significant institutional buying (+8.89%), LG Balakrishnan is lagging amidst broader sector selling, aligning with the title of 'Broad-Based Selling'.