Ruchira Papers Ltd. shows no changes in promoter and institutional holding, indicating a lack of confidence from smart money.

Public shareholding saw a slight decline of 0.06% QoQ, suggesting retail investors are pulling back, aligning with the broader sector trend of no movement.

The lack of activity from both smart money and the public signals caution in the market, especially compared to sector movers like PAKKA, which saw a significant institutional increase.