Promoter shareholding decreased YoY (-4.14%), while Institutions increased their stake (+12.39% YoY) indicating mixed signals; however, the overall trend in the sector is neutral with no YoY changes.

Public shareholding decreased significantly (-9.73% YoY), showing a lack of retail interest, which aligns with the negative sentiment across the stock.

Comparatively, SPML Infra has not performed well against sector peers, with best performer DEEDEV seeing a +16.75% institutional increase, highlighting a divergence in investor confidence.