Promoter and Institutional shareholding in Nitco Ltd. decreased significantly YoY (-31.57% and -11.09% respectively), while the sector averages showed no change, indicating a lack of confidence from smart money.

Public shareholding rose sharply by 51.53% YoY, suggesting retail investors are entering despite the selling from Promoters and Institutions, which is often a contrarian indicator.

Within the sector, Nitco Ltd. is a standout with a QoQ institutional increase of 1.90%, contrasting with the sector's stagnant performance, yet overall trends indicate a bearish sentiment.