Both Promoter and Institution shareholding for Aditya Birla Sun Life AMC Ltd. declined YoY and QoQ, contrasting with sector averages which saw no changes.
Promoter shareholding decreased by 0.12% YoY and 0.02% QoQ, while Institutions saw a decline of 1.62% YoY and 0.40% QoQ, indicating a lack of confidence among 'smart money'.
In the context of sector performance, the stock is not aligned with the positive movements seen in peers such as ICONIKSPEV, which experienced a 57.27% increase in institutional holdings.