Public shareholding in Purple Entertainment Ltd. has decreased significantly by 10.29% YoY and 6.44% QoQ, indicating a negative sentiment among retail investors.

Both Promoter and Institution shareholding remain unchanged, suggesting a lack of confidence or new investment from 'smart money' in the stock, aligning with the sector averages.

The sector shows no movement in shareholding patterns, with the best and worst performers experiencing significant institutional fluctuations, emphasizing Purple's underperformance relative to sector trends.