Promoter shareholding decreased significantly by 32.2% YoY and 5.2% QoQ, contrasting with the sector average where Promoter holdings remained stable.

Institution shareholding fell 8.45% YoY, while the sector average saw no change, indicating a lack of confidence from smart money in Aarvee Denims.

Public shareholding increased sharply by 37.42% YoY, suggesting retail investors are more optimistic than institutional investors, but this reaction often follows market trends rather than leading them.