Both Shri Krishna Devcon Ltd. and the sector show no movement in shareholding across Promoters, Institutions, and the Public, indicating a lack of conviction.

The absence of change suggests stability but also a potential complacency in a sector experiencing varied performance, as seen with DUGAR HOU and AHLUWALIA CO.

Investors should watch for future catalysts that could prompt changes in shareholding patterns, as current trends reflect a wait-and-see approach.