Promoter and Institution shareholding remain unchanged; public shareholding down 0.40% YoY and 0.32% QoQ, indicating lack of confidence among retail investors.

Sector averages also show no change across shareholding categories, suggesting a stagnant environment for the sector.

Vama Industries Ltd. is not attracting institutional or promoter interest, aligning with the broader trend of selling, particularly reflected in the poor performance of peers like MATRIMONY.