Promoter and Public shareholding in Sambandam Spinning Mills Ltd. both decreased year-over-year and quarter-over-quarter, suggesting a lack of confidence among insiders and retail investors.

Institutional ownership remained stagnant, indicating minimal interest from smart money, which aligns with the overall sector trend of no change in institutions.

Comparatively, the sector averages show no significant changes, reinforcing the notion of broad-based selling across the board, as evidenced by negative public sentiment.