Promoter holding remained flat, while institutions decreased by 2.83% QoQ, indicating weak confidence among smart money in Ramkrishna Forgings Ltd.

Public shareholding also declined YoY by 0.59%, suggesting a lack of interest from retail investors, which is not aligned with sector averages where both promoters and institutions showed no change.

In comparison, sector best performer BELRISE saw a significant institutional increase of 8.89%, highlighting Ramkrishna Forgings Ltd. as a laggard within the sector.