Both Promoter and Institution holdings for Elcid Investments Ltd. show no change, indicating a lack of interest from smart money.

The Public shareholding has decreased by 1.23% YoY, suggesting retail investors are losing confidence in the stock, while the sector averages show no change in public participation.

In a sector where the best performer, ICONIKSPEV, saw a significant institutional increase of 51.91%, Elcid's stagnation highlights its underperformance against peers.