Promoter and Institution shareholding in Stovec Industries remain unchanged YoY and QoQ, indicating a lack of confidence from smart money.
The Public shareholding increased marginally by 0.14% YoY while remaining stable QoQ, but this alone does not signify strong retail interest amidst stagnant smart money activity.
In the broader sector, while there are standout performers like Bharat Texti with significant institutional buying, Stovec's unchanged position highlights a potential lack of investor enthusiasm.