Promoters have maintained their stake, indicating stability, but Institutions and Public shareholders are selling, which reflects a lack of confidence in the stock.

Institutional shareholding has declined by 2.89% YoY and 1.42% QoQ, contrasting with sector averages that show no changes, highlighting underperformance relative to peers.

Orient Paper is the worst performer in the sector for QoQ institutional changes, signaling potential ongoing weakness compared to stronger stocks like SUBAM.