Promoter and Institutional shareholding in Sumeet Industries remains unchanged both YoY and QoQ, indicating a lack of confidence from smart money.

Public shareholding increased by 15% YoY, suggesting reactive retail participation, which often follows trends rather than leads them.

The sector shows no change in Promoter and Institutional holdings, aligning with Sumeet's stagnant position, confirming a broad-based selling sentiment in the sector.