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No changes in Promoter or Institution shareholding indicate a lack of confidence from smart money.
Public shareholding is rising slightly, but this is in line with sector trends, suggesting reactive behavior rather than proactive investment.
Performance of sector peers shows significant divergence, with PAKKA gaining institutional support while Shree Ajit Pulp & Paper Ltd. remains stagnant.
| Category | Trend | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|
1Promoter Holdings | 56.84% | 59.34% | 59.39% | 59.39% | 59.39% | 59.39% | 59.39% | 59.39% | |
2Public Holdings | 43.16% | 40.66% | 40.61% | 40.61% | 40.61% | 40.61% | 40.61% | 40.61% | |
3Foreign Investors | - | - | - | - | - | - | - | - | |
4Domestic Investors | - | - | - | - | - | - | - | - |