Promoter shareholding increased by 2.46% YoY and 1.77% QoQ, while sector averages showed no changes, indicating potential insider confidence despite overall sector stagnation.
Institution and Public shareholding stayed flat at 0%, reflecting a lack of interest from smart money and retail investors, which may signal caution in the broader context.
The best performer in the sector, ICONIKSPEV, saw a significant 51.91% increase in institutional holdings, contrasting sharply with Steel City Securities' stagnant institutional interest.