Retail investors trimmed their exposure to several widely held Indian stocks in the June quarter, with shareholder counts falling sharply across sectors. The decline comes as market volatility, stock-specific developments and shifting investor preferences reshape retail portfolios. Here are the 10 companies that saw the steepest drop in retail shareholders
Tata Motors Passenger Vehicles
Tata Motors Passenger Vehicles saw its retail shareholder base decline by 1.62 lakh to 60.92 lakh as of June 30, 2026, from 62.54 lakh on March 31, 2026.
Yes Bank
Yes Bank's retail shareholders fell by 1.62 lakh to 57.56 lakh as of June 30, 2026, from 59.18 lakh at the end of March.
Suzlon Energy
Suzlon Energy’s retail shareholder count declined by 1.60 lakh to 54.66 lakh as of June 30, 2026, from 56.26 lakh on March 31.
Tata Motors
Tata Motors saw its retail shareholder base drop by 1.58 lakh to 54.27 lakh as of June 30, 2026, from 55.85 lakh in the previous quarter.
Adani Green Energy
Adani Green Energy’s number of retail shareholders fell by 1.31 lakh to 7.81 lakh as of June 30, 2026, from 9.12 lakh on March 31.
Bharat Heavy Electricals
Bharat Heavy Electricals saw its retail shareholder count decline by 1.27 lakh to 15.88 lakh as of June 30, 2026, from 17.16 lakh in the previous quarter.
Vodafone Idea
Vodafone Idea’s retail shareholder base fell by 1.23 lakh to 56.82 lakh as of June 30, 2026, from 58.05 lakh on March 31.
Tata Power
Tata Power saw its number of retail shareholders decline by 1.10 lakh to 39.28 lakh as of June 30, 2026, from 40.38 lakh in the previous quarter.
IDFC First Bank
IDFC First Bank’s retail shareholder count fell by 99,000 to 27.16 lakh as of June 30, 2026, from 28.15 lakh on March 31.
