Promoter shareholding in Sanwaria Consumer Ltd decreased by 2.92% YoY while remaining unchanged QoQ, indicating a lack of confidence from insiders.

In contrast, the sector averages show no change in promoter or institutional holdings, suggesting broader stability in the sector despite Sanwaria's decline.

The divergence in promoter activity highlights Sanwaria as a laggard in the FMCG sector, particularly against the backdrop of firms like STANLEY, which saw a significant institutional increase of 22.77%.