Promoter shareholding in Khandwala Securities increased slightly (0.49% YoY, 0.09% QoQ), contrasting with sector averages showing no change.

Institutional shareholding remained stagnant (0% change YoY and QoQ), indicating a lack of confidence compared to the sector, which also saw no institutional activity.

Public shareholding declined significantly (-1.58% QoQ), aligning with the broader sector trend of no activity, suggesting bearish sentiment among retail investors.