Promoters and Institutions are stable with no shareholding changes, indicating a lack of confidence in driving growth for Nova Iron & Steel Ltd.

The Public has reduced its stake by 0.74% YoY, contrasting with the sector average where the Public shows no change, suggesting a potential lack of retail interest in the stock.

In a sector facing mixed performance, with significant institutional selling in AZADIND (-70.39% YoY), Nova Iron & Steel's stagnant shareholding reflects a broader bearish sentiment.