Mawana Sugars has not seen any changes in Promoter or Institution shareholding, indicating a lack of confidence from smart money.

The Public shareholding has decreased by 1.19% YoY and QoQ, suggesting retail investors are selling, aligning with the sector's trend of no change in public participation.

Compared to sector trends, Mawana Sugars is lagging as institutional interest has significantly increased in leading peers like GODAVARIB, indicating a broader market shift away from Mawana.