Promoter shareholding has slightly increased, indicating a small vote of confidence from insiders, but not significantly enough to outweigh broader trends.
Institutional investors are reducing their stakes by nearly 5% YoY and 1.73% QoQ, suggesting a lack of confidence in the stock within the institutional investment community.
Public shareholding shows minor gains, but overall, the trend reflects broad-based selling across the sector, with the stock not performing favorably compared to top movers.