Kalyani Commercials experienced no changes in Promoter and Institution holdings, indicating stability but lack of confidence from smart money.

The Public shareholding increased by 4.16% YoY, contrasting with the sector averages where the Public remained unchanged, reflecting a potential speculative retail interest.

In a sector with significant institutional movements, Kalyani's inactivity highlights its struggle against better-performing stocks like EBIX and CLN, which saw notable institutional buying.