Promoter shareholding decreased by 1.19% YoY and 0.21% QoQ, contrasting with sector averages showing no change.

Institutional shareholding remains stagnant at 0% change, indicating a lack of confidence compared to best sector performers like Mastek Ltd.

Public shareholding increased by 1.94% YoY and 1.61% QoQ, but this reactive behavior suggests a weaker foundation, further contributing to the view of Xelpmoc as a sector laggard.