Promoter shareholding decreased significantly by 6.94% YoY and 7.36% QoQ, contrasting with sector averages where Promoter shareholding remained stable.

Institutional shareholding for Hawa Engineers Ltd. showed no change, reflecting a lack of confidence in comparison to positive movements in peers like ACROW INDIA, which saw a 15.97% increase.

Public shareholding increased by 6.86% YoY, indicating retail interest; however, this is overshadowed by the declining trend among smart money, suggesting a potential misalignment in sentiment.