Promoters in NB Footwear Ltd. have decreased their holdings by 32.48% YoY while the sector averages show no change, indicating a lack of confidence from insiders.

Institutional holdings remained stable at 0% change, contrasting with significant moves in other sector stocks like IXIGO (+58.89%) and ETERNAL (+8.90%).

Public shareholding has risen by 14.10% YoY, suggesting retail investors are reacting positively despite the selling by smart money, which could indicate speculative behavior.