Promoter shareholding increased by 4.89%, while sector averages show no change in promoter stakes, indicating insider confidence in Modern Dairies Ltd.

Institutional shareholding remained flat at 0%, contrasting with the positive movement from promoters, suggesting that retail and institutional investors may be overlooking this stock.

Public shareholding decreased by 1.38% QoQ, indicating potential selling pressure from retail investors, reinforcing the notion that smart money is positioning itself differently than the public.