Promoter shareholding in Mafatlal Industries has decreased both YoY (-0.41%) and QoQ (-0.02%), contrasting with sector averages that remain stable.

Institutional shareholding is unchanged, indicating a lack of confidence or interest from smart money, aligning with overall sector stagnation.

Public shareholding shows a slight increase (YoY +0.17%), but this is insufficient to counter the broader trend of selling among Promoters and Institutions.