Promoter shareholding decreased YoY by 2.4%, while the Public's stake dropped significantly by 4.26% YoY, indicating a trend of selling in Vikalp Securities.

Institutional shareholding remained unchanged, contrasting sharply with sector averages where both Promoter and Institution holdings showed no change, reflecting weak interest in the stock.

The stock's declining trend is further supported by the sector's biggest movers, where Vikalp does not align with the best performers like ICONIKSPEV, indicating a potential lack of investor confidence.