Promoter shareholding in RRP Defense Ltd. has decreased significantly by over 14% YoY and QoQ, contrasting sharply with sector averages where no change occurred.

Institutional shareholding remains stagnant at 0%, indicating a lack of confidence or engagement from smart money, which typically signals caution.

Public shareholding has surged by nearly 62% YoY and 64% QoQ, suggesting retail enthusiasm, but this could represent a reactionary move rather than foundational support.