Promoter shareholding has decreased slightly by 0.01% YoY and QoQ, while sector averages remain stable at 0%. This indicates a lack of confidence from insiders.

Institutional shareholding has not changed, reflecting a cautious stance in a declining sector where institutions are not increasing their investment.

The Public has increased their stake significantly by over 10%, suggesting a reactive buying trend, but it does not align with the insider and institutional activity, indicating a potential misalignment.