−13% from the high · +61% from the low
Short build-up into a 26-day expiry: futures OI +0.7% on a −3.0% day, the most call OI sits at 2,900, the most put OI at 2,800, max pain 2,900.
ADANIENT futures closed at ₹2,836.40, +0.7% to spot, with 94% of open interest in the 27 Oct contract, and the 2,800 straddle prices a move of about ±6.6% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹2,836.40 | +19.60+0.7% | +9.8% | 50,000▲ +0.6% · +300 lots | 94 | 5,800 |
| 23 Nov53 days | ₹2,848.80 | +32.00+1.1% | +7.8% | 3,200▲ +2.0% · +63 lots | 6.0 | 210 |
| 29 Dec89 days | ₹2,860.10 | +43.30+1.5% | +6.3% | 46▲ +35.3% · +12 lots | 0.09 | 13 |
6.1% of futures OI sits beyond the 27 Oct contract · 36 of 44 listed contracts traded · 47,000 option contracts changed hands
The 2,800 straddle closed at ₹185.45 (call 110.45 + put 75.00), pricing a move of about ±6.6% by the 27 Oct expiry. In the last 253 windows of 19 sessions, ADANIENT moved more than that 123 times.
After the last 8 bulletins, ADANIENT closed higher five sessions later in 4 of 7.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 25 SeptAdani Enterprises shares rise after ₹2,498 crore block deal | ▼ −2.9%Nifty −1.6% · −1.4 pp | ▲ +1.9%Nifty −1.8% · +3.8 pp | —not reached | ▲ +1.6%short build-up |
| 21 SeptAdani Group to split Jaypee assets after NCLT approval | ▼ −1.5%Nifty +0.3% · −1.8 pp | ▼ −0.8%Nifty −0.1% · −0.7 pp | ▼ −6.3%Nifty −2.4% · −3.8 pp | 0.0%short build-up |
| 20 SeptUpcoming corporate actions for Reliance, Infosys, Adani, and Tata | ▼ −1.5%Nifty +0.3% · −1.8 pp | ▼ −0.8%Nifty −0.1% · −0.7 pp | ▼ −6.3%Nifty −2.4% · −3.8 pp | 0.0%short build-up |
| 20 SeptUpcoming corporate actions for Reliance, Infosys, Adani, Tata | ▼ −1.5%Nifty +0.3% · −1.8 pp | ▼ −0.8%Nifty −0.1% · −0.7 pp | ▼ −6.3%Nifty −2.4% · −3.8 pp | 0.0%short build-up |
| 27 JulUpcoming dividend and stock split dates for key companies | ▲ +0.3%Nifty +1.0% · −0.6 pp | ▼ −0.8%Nifty +0.9% · −1.7 pp | ▲ +1.4%Nifty +4.2% · −2.9 pp | ▼ −0.5%short covering |
| 13 JulNifty recovery faces challenges as Hormuz shuts down | ▲ +0.4%Nifty −0.7% · +1.0 pp | ▼ −0.8%Nifty −0.6% · −0.3 pp | ▲ +0.2%Nifty −0.1% · +0.3 pp | ▼ −0.7%short covering |
| 13 JulAdani Enterprises raises ₹15,000 crore through QIP | ▲ +0.4%Nifty −0.7% · +1.0 pp | ▼ −0.8%Nifty −0.6% · −0.3 pp | ▲ +0.2%Nifty −0.1% · +0.3 pp | ▼ −0.7%short covering |
| 13 JulNifty recovery at risk as Hormuz shuts down | ▲ +0.6%Nifty 0.0% · +0.6 pp | ▲ +1.0%Nifty −0.6% · +1.6 pp | ▲ +0.8%Nifty +0.1% · +0.7 pp | ▼ −2.4%short covering |
Revenue ₹32,924 cr, +50% on a year earlier; profit −₹1,462 cr, −250% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 29 Jul | ₹32,924 cr | ▲ +50% | −₹1,462 cr | ▼ −250% | -8.91 | ▲ +0.8%Nifty +0.3% · +0.5 pp |
| Mar 2026filed 1 May | ₹32,439 cr | ▲ +20% | −₹167 cr | ▼ −110% | -1.71 | ▲ +3.2%Nifty +0.5% · +2.7 pp |
| Dec 2025filed 3 Feb | ₹24,820 cr | ▲ +8.6% | ₹5,727 cr | ▲ +2,400% | 46.12 | ▲ +1.2%Nifty +0.2% · +1.0 pp |
| Sept 2025filed 4 Nov | ₹21,249 cr | ▼ −6.0% | ₹3,414 cr | ▲ +72% | 27.38 | ▼ −4.4%Nifty −0.3% · −4.0 pp |
| Jun 2025filed 31 Jul | ₹21,961 cr | ▼ −14% | ₹976 cr | ▼ −45% | 6.02 | ▼ −3.3%Nifty −0.8% · −2.5 pp |
| Mar 2025filed 1 May · audited | ₹26,966 cr | ▼ −7.6% | ₹1,382 cr | ▲ +290% | 32.98 | ▼ −0.3%Nifty +0.1% · −0.4 pp |
| Dec 2024filed 31 Jan | ₹22,848 cr | ▼ −19% | ₹229 cr | ▼ −88% | 0.04 | ▲ +1.6%Nifty +1.1% · +0.5 pp |
| Sept 2024filed 30 Oct | ₹22,608 cr | ▲ +0.40% | ₹1,989 cr | ▲ +500% | 14.82 | ▲ +4.2%Nifty −0.5% · +4.8 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹1,00,469 cr | ▲ +2.6% | ₹9,951 cr | ▲ +85% | 77.81 |
| FY25to Mar 2025 | ₹97,895 cr | ▼ −7.2% | ₹5,372 cr | ▲ +61% | 60.14 |
| FY24to Mar 2024 | ₹1,05,472 cr | — | ₹3,335 cr | — | 27.97 |
ADANIENT trades at 45 times trailing earnings, 4.3 times book value, revenue +18% over twelve months, a 0.09% dividend yield, market cap ₹3,80,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| ADANIENTAdani Enterprises Limited | 3,80,000 cron 1 Oct | 45consolidated | 4.3 | ₹2,816.80 |
| ARENTERPRajdarshan Industries Limited | 11 cron 1 Oct | — | 0.51 | ₹33.80 |
Promoters hold 72.0%, foreign portfolio investors 10.5%, mutual funds 6.7% and insurance companies 3.8%, as filed for the quarter to 7 Jul.
| Category | 7 Jul | 30 Jun | 31 Mar | 31 Dec | 11 Dec |
|---|---|---|---|---|---|
| Promoters | 71.97▼ −2.87 pp | 74.84▲ +0.17 pp | 74.67▲ +0.70 pp | 73.970.00 pp | 73.97 |
| Foreign portfolio investors | 10.51▲ +1.74 pp | 8.77▼ −2.03 pp | 10.80▼ −0.84 pp | 11.64▼ −0.16 pp | 11.80 |
| Mutual funds | 6.73▲ +1.33 pp | 5.40▲ +2.69 pp | 2.71▼ −0.07 pp | 2.78▲ +0.20 pp | 2.58 |
| Insurance companies | 3.77▼ −0.02 pp | 3.79▼ −0.15 pp | 3.94▲ +0.08 pp | 3.860.00 pp | 3.86 |
| Banks and financial institutions | 0.25▲ +0.10 pp | 0.15▲ +0.10 pp | 0.05▼ −0.02 pp | 0.07▼ −0.02 pp | 0.09 |
| Individual investors | 3.01▼ −0.13 pp | 3.14▼ −0.41 pp | 3.55▲ +0.07 pp | 3.48▲ +0.07 pp | 3.41 |
| Bodies corporate | 0.57▼ −0.02 pp | 0.59▼ −0.14 pp | 0.73▲ +0.02 pp | 0.71▼ −0.12 pp | 0.83 |
| Other foreign holders | 2.97▼ −0.12 pp | 3.09▼ −0.02 pp | 3.110.00 pp | 3.110.00 pp | 3.11 |
| Others | 0.23▼ −0.01 pp | 0.24▼ −0.21 pp | 0.45▲ +0.07 pp | 0.38▲ +0.03 pp | 0.35 |
Nothing upcoming on record; the last was a dividend of ₹1.30 a share, ex-date 12 Jun 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 12 Jun 2026 | dividend | ₹1.30 | 12 Jun 2026 | BSE |
| 17 Nov 2025 | rights | — | 17 Nov 2025 | BSE |
| 13 Jun 2025 | dividend | ₹1.30 | 13 Jun 2025 | BSE |
| 14 Jun 2024 | dividend | ₹1.30 | 14 Jun 2024 | BSE |
ADANIENT is −2.6% over 20 sessions against Nifty's −6.2%, 13% below its 52-week high, realised volatility 40% annualised.
| Window | From ₹ | ADANIENT % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹2,543.62 | ▲ +11% | ▼ −9.1% | +20 |
| 120 sessionssince 9 Apr | ₹2,040.57 | ▲ +38% | ▼ −5.7% | +44 |
| 60 sessionssince 8 Jul | ₹3,046.84 | ▼ −7.5% | ▼ −6.1% | −1.4 |
| 20 sessionssince 2 Sept | ₹2,891.69 | ▼ −2.6% | ▼ −6.2% | +3.7 |
| 5 sessionssince 24 Sept | ₹2,900.03 | ▼ −2.9% | ▼ −2.8% | −0.09 |
| 1 sessionsince 30 Sept | ₹2,903.32 | ▼ −3.0% | ▼ −0.88% | −2.1 |
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