Promoters increased holdings by 3.51% YoY, while public investors decreased their stake by 3.50%, indicating a divergence in sentiment between insiders and the public.

Institutional shareholding remained stagnant YoY and QoQ, reflecting a lack of confidence from smart money in the stock's potential.

The sector also shows no changes across all categories, reinforcing a broad-based selling trend, with the stock not aligning with the best performers like EBIX.