Promoters reduced holdings significantly by 11.75% YoY and 9.53% QoQ, diverging from sector averages where promoter holdings remained stable.

Institutional ownership increased by 3.64% YoY and 0.80% QoQ, indicating some positive sentiment, but not enough to offset promoter selling.

Public shareholding rose by 9.37% YoY and QoQ, reflecting retail interest, yet overall trend suggests a lack of confidence among smart money.