Promoter shareholding in Suraj Industries Ltd. has decreased significantly, with a YoY decline of 13.96% and QoQ decline of 6.68%, contrasting with sector averages where promoters remain unchanged.

Institutional shareholding remains flat, indicating a lack of confidence or new investment interest in this stock, while the sector is also seeing no changes in institutional holdings.

Public shareholding has increased, reflecting a reactive retail interest, but this does not compensate for the significant selling by promoters, suggesting a bearish outlook for the stock.