Promoter and Institution shareholding for Garware Synthetics remains unchanged, indicating a lack of confidence from smart money.

Public shareholding has seen a minor increase, contrasting with the sector averages which also show no change, suggesting public sentiment may be reacting rather than proactive.

In the broader sector context, Garware is underperforming as it does not align with the positive movements of best-performing peers like HIMAT.SEIDE and OSIAJEE.