Promoter shareholding decreased QoQ by 0.20%, contrasting with sector averages showing no change, indicating a potential lack of confidence from insiders.

Institutional shareholding also fell by 0.78% QoQ, while the sector saw no movement, suggesting a broader trend of selling among smart money in the cement sector.

Public shareholding increased by 1.21% QoQ, reflecting reactive buying behavior amidst a declining trend from Promoters and Institutions, typical of a potential market correction.