Promoter shareholding remained stable with negligible change YoY and QoQ, indicating a lack of confidence in driving growth.

Institutional ownership saw a significant decline of -1.72% YoY and -1.05% QoQ, contrasting sharply with the sector averages where institutional shares remained unchanged, suggesting a broader lack of interest in the stock.

Public holding slightly increased YoY but decreased QoQ, reflecting a reactive trend rather than proactive investment, aligning with the overall negative sentiment in the sector.