Promoters increased their stake by 4.40% YoY, contrasting with a sector average of 0% change, indicating potential confidence in the company amidst a lack of broader sector support.

Institutional ownership decreased by 4.07% YoY, diverging from the sector average, suggesting caution or negative sentiment towards Visa Steel Ltd. compared to peers.

Public shareholding remained flat, signaling a lack of retail enthusiasm or reaction to the changes among smart money, reinforcing the perception of Visa Steel as a sector laggard.