Promoter shareholding increased by 40.51% YoY, suggesting strong insider confidence in Sobhagya Mercantile Ltd., while sector averages show no change.

Institutional shareholding remained stable at 0%, indicating a lack of interest from smart money, contrasting with the positive movement from Promoters.

Public shareholding dropped significantly by 44.85% YoY, highlighting potential selling pressure from retail investors, further supporting the notion of a contrarian investment opportunity.