Promoter shareholding has slightly increased YoY (0.69%), but remained flat QoQ, indicating little confidence in growth.

Public shareholding has decreased significantly YoY (-2.30%), suggesting retail investors are losing interest, while Institutions show no change, reflecting a lack of institutional support.

Compared to sector averages, Uttam Sugar's performance aligns with broader trends of selling, as both Promoters and Institutions are not actively buying, indicating potential caution in the sector.