Promoter shareholding decreased by 3.02% YoY, contrasting with flat sector averages, indicating insider discontent.

Institutional shareholding remains unchanged both YoY and QoQ, suggesting a lack of confidence or interest in the stock compared to sector best performers like DEEDEV.

Public shareholding grew by 1.26% YoY; however, this is not enough to offset declining insider sentiment, positioning RKEC Projects Ltd. as a laggard in the engineering sector.