Promoter shareholding decreased slightly both YoY and QoQ, while public shareholding saw a significant YoY drop of 22.14%, indicating weak confidence among retail investors.

Institutional ownership increased YoY by 4.65%, but the recent QoQ decline of 0.84% suggests a cautious approach by smart money, diverging from the sector's stable averages.

In contrast to PNB Housing Finance, the best performer, ICONIKSPEV, showed a remarkable institutional increase of 51.91%, highlighting the relative weakness of PNB within the sector.