Promoter shareholding remains unchanged, indicating stable insider confidence; however, institutional investment has increased by 2.47% YoY, suggesting selective confidence.

Public shareholding has decreased significantly by 6.63% YoY and 3.49% QoQ, indicating a retreat from retail investors, which aligns with broader sector trends of no change in average public holdings.

Comparatively, Nivaka Fashions Ltd. is witnessing selling pressure from the public, contrasting with institutional buying, but overall the sector shows no significant shifts, reinforcing a broad-based selling sentiment.