Public shareholding decreased by 25.01% YoY, indicating strong selling pressure from retail investors while Promoters and Institutions remained static.

In contrast to the sector averages, which saw no changes across categories, Relicab's significant public sell-off suggests a lack of confidence among retail investors.

Comparatively, the sector's best performer, KEI Industries, saw a positive institutional change of 8.36%, highlighting Relicab's underperformance within its peer group.