Promoter shareholding decreased by 0.32% year-over-year, while the sector average remained stable, indicating potential insider concerns about the company's performance.
Institutional shareholding remained flat, suggesting a lack of confidence or interest from institutional investors compared to stronger performers like ACROW INDIA, which saw a 15.97% increase in institutional support.
Public shareholding increased by 1.69%, but this reactive behavior does not indicate sustainable confidence, especially as the overall sector shows no growth in public participation.