Promoter shareholding increased significantly by 72.88% QoQ while sector averages remained unchanged, indicating strong insider confidence.

Institutional shareholding stagnant at 0% suggests a lack of institutional interest despite promoter optimism, aligning with the notion of being a contrarian play.

Public shareholding declined by 1.04% YoY, indicating a potential retail exit while promoters are accumulating positions, reinforcing the contrarian perspective.