−8.1% from the high · +35% from the low
Long unwinding into a 26-day expiry: futures OI −2.4% on a −3.4% day, the most call OI sits at 1,800, the most put OI at 1,700, max pain 1,780.
ADANIPORTS futures closed at ₹1,750.50, +0.7% to spot, with 91% of open interest in the 27 Oct contract, and the 1,740 straddle prices a move of about ±5.0% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹1,750.50 | +12.70+0.7% | +10% | 31,000▼ −2.9% · −910 lots | 91 | 4,300 |
| 23 Nov53 days | ₹1,759.20 | +21.40+1.2% | +8.5% | 2,900▲ +1.7% · +47 lots | 8.4 | 260 |
| 29 Dec89 days | ₹1,771.00 | +33.20+1.9% | +7.8% | 37▲ +236.4% · +26 lots | 0.11 | 38 |
8.6% of futures OI sits beyond the 27 Oct contract · 43 of 53 listed contracts traded · 23,000 option contracts changed hands
The 1,740 straddle closed at ₹87.10 (call 49.35 + put 37.75), pricing a move of about ±5.0% by the 27 Oct expiry. In the last 253 windows of 19 sessions, ADANIPORTS moved more than that 115 times.
After the last 8 bulletins, ADANIPORTS closed higher five sessions later in 0 of 7.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 28 SeptAdani Ports reports 10% profit rise; S&P upgrades rating | ▲ +4.5%Nifty −0.3% · +4.8 pp | ▲ +3.1%Nifty −0.7% · +3.8 pp | —not reached | ▲ +7.9%long build-up |
| 21 SeptAdani Group secures $1 billion equity and $2.5 billion refinancing | ▼ −2.0%Nifty +0.3% · −2.3 pp | ▼ −1.6%Nifty −0.1% · −1.5 pp | ▼ −4.4%Nifty −2.4% · −2.0 pp | ▲ +0.1%short build-up |
| 20 SeptAdani secures $1 billion equity and $2.5 billion refinancing | ▼ −2.0%Nifty +0.3% · −2.3 pp | ▼ −1.6%Nifty −0.1% · −1.5 pp | ▼ −4.4%Nifty −2.4% · −2.0 pp | ▲ +0.1%short build-up |
| 24 JulStock markets decline for fourth day amid rising crude oil prices | ▲ +0.1%Nifty +1.0% · −0.8 pp | ▲ +0.4%Nifty +0.9% · −0.6 pp | ▼ −3.8%Nifty +4.2% · −8.1 pp | ▲ +2.3%long build-up |
| 6 JulKerala objects to Adani's Vizhinjam port stake sale | ▼ −0.5%Nifty +0.7% · −1.2 pp | ▼ −2.1%Nifty +0.5% · −2.7 pp | ▼ −3.4%Nifty −0.3% · −3.2 pp | ▼ −0.7%long unwinding |
| 5 JulKerala objects to Adani's Vizhinjam port stake sale | ▼ −0.5%Nifty +0.7% · −1.2 pp | ▼ −2.1%Nifty +0.5% · −2.7 pp | ▼ −3.4%Nifty −0.3% · −3.2 pp | ▼ −0.7%long unwinding |
| 4 JulAdani Ports to clarify MSC stake acquisition details | ▼ −0.5%Nifty +0.7% · −1.2 pp | ▼ −2.1%Nifty +0.5% · −2.7 pp | ▼ −3.4%Nifty −0.3% · −3.2 pp | ▼ −0.7%long unwinding |
| 4 JulAdani Ports explains MSC stake acquisition to government | ▼ −0.5%Nifty +0.7% · −1.2 pp | ▼ −2.1%Nifty +0.5% · −2.7 pp | ▼ −3.4%Nifty −0.3% · −3.2 pp | ▼ −0.7%long unwinding |
Revenue ₹10,821 cr, +19% on a year earlier; profit ₹3,650 cr, +10% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 30 Jun | ₹10,821 cr | ▲ +19% | ₹3,650 cr | ▲ +10% | 15.71 | ▲ +1.9%Nifty −0.3% · +2.3 pp |
| Mar 2026filed 30 Apr | ₹10,738 cr | ▲ +27% | ₹3,308 cr | ▲ +9.4% | 14.45 | ▲ +5.2%Nifty +0.5% · +4.6 pp |
| Dec 2025filed 3 Feb | ₹9,705 cr | ▲ +22% | ₹3,043 cr | ▲ +21% | 14.04 | ▲ +2.4%Nifty +0.2% · +2.2 pp |
| Sept 2025filed 4 Nov | ₹9,167 cr | ▲ +30% | ₹3,120 cr | ▲ +29% | 14.39 | ▼ −0.5%Nifty −0.3% · −0.2 pp |
| Jun 2025filed 5 Aug | ₹9,126 cr | ▲ +21% | ₹3,311 cr | ▲ +6.6% | 15.34 | ▲ +0.7%Nifty −0.3% · +1.0 pp |
| Mar 2025filed 1 May | ₹8,488 cr | ▲ +23% | ₹3,023 cr | ▲ +50% | 13.95 | ▲ +4.2%Nifty +0.1% · +4.1 pp |
| Dec 2024filed 30 Jan | ₹7,964 cr | ▲ +15% | ₹2,518 cr | ▲ +14% | 11.67 | ▲ +2.1%Nifty +1.1% · +1.0 pp |
| Sept 2024filed 29 Oct | ₹7,067 cr | ▲ +6.3% | ₹2,413 cr | ▲ +37% | 11.32 | ▲ +1.7%Nifty −0.5% · +2.2 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹38,736 cr | ▲ +25% | ₹12,782 cr | ▲ +16% | 58.22 |
| FY25to Mar 2025 | ₹31,079 cr | ▲ +16% | ₹11,061 cr | ▲ +36% | 51.35 |
| FY24to Mar 2024 | ₹26,711 cr | — | ₹8,104 cr | — | 37.54 |
ADANIPORTS trades at 30 times trailing earnings, 4.0 times book value, revenue +24% over twelve months, a 0.86% dividend yield, market cap ₹4,00,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| ADANIPORTSAdani Ports and Special Economic Zone Limited | 4,00,000 cron 1 Oct | 30consolidated | 4.0 | ₹1,737.80 |
| JSWINFRAJSW Infrastructure Limited | 83,000 cron 1 Oct | — | 7.1 | ₹357.45 |
| GPPLGujarat Pipavav Port Limited | 8,000 cron 1 Oct | — | 3.4 | ₹165.90 |
| ATLAllcargo Terminals Limited | 590 cron 1 Oct | — | 1.7 | ₹23.60 |
Promoters hold 66.0%, foreign portfolio investors 15.6%, mutual funds 5.2% and insurance companies 7.2%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 31 Mar | 31 Dec | 23 Dec | 30 Sept |
|---|---|---|---|---|---|
| Promoters | 66.03▼ −1.99 pp | 68.020.00 pp | 68.020.00 pp | 68.02▲ +2.13 pp | 65.89 |
| Foreign portfolio investors | 15.58▲ +2.34 pp | 13.24▲ +0.15 pp | 13.09▲ +0.34 pp | 12.75▼ −0.85 pp | 13.60 |
| Mutual funds | 5.240.00 pp | 5.24▲ +0.14 pp | 5.10▼ −0.13 pp | 5.23▼ −0.34 pp | 5.57 |
| Insurance companies | 7.18▼ −0.23 pp | 7.41▼ −0.18 pp | 7.59▼ −0.26 pp | 7.85▼ −0.53 pp | 8.38 |
| Banks and financial institutions | 1.18▼ −0.03 pp | 1.21▲ +0.01 pp | 1.20▲ +0.18 pp | 1.02▼ −0.06 pp | 1.08 |
| Individual investors | 3.97▼ −0.12 pp | 4.09▼ −0.12 pp | 4.21▼ −0.09 pp | 4.30▼ −0.30 pp | 4.60 |
| Bodies corporate | 0.49▼ −0.02 pp | 0.51▼ −0.03 pp | 0.54▼ −0.03 pp | 0.57▼ −0.04 pp | 0.61 |
| Other foreign holders | — | 0.010.00 pp | 0.010.00 pp | 0.010.00 pp | 0.01 |
| Others | 0.33▲ +0.04 pp | 0.29▲ +0.05 pp | 0.24▼ −0.01 pp | 0.25▼ −0.02 pp | 0.27 |
Nothing upcoming on record; the last was a dividend of ₹7.50 a share, ex-date 12 Jun 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 12 Jun 2026 | dividend | ₹7.50 | 12 Jun 2026 | BSE |
| 13 Jun 2025 | dividend | ₹7.00 | 13 Jun 2025 | BSE |
| 14 Jun 2024 | dividend | ₹6.00 | 14 Jun 2024 | BSE |
ADANIPORTS is +3.9% over 20 sessions against Nifty's −6.2%, 8.1% below its 52-week high, realised volatility 36% annualised.
| Window | From ₹ | ADANIPORTS % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹1,392.02 | ▲ +25% | ▼ −9.1% | +34 |
| 120 sessionssince 9 Apr | ₹1,447.44 | ▲ +20% | ▼ −5.7% | +26 |
| 60 sessionssince 8 Jul | ₹1,791.73 | ▼ −3.0% | ▼ −6.1% | +3.1 |
| 20 sessionssince 2 Sept | ₹1,672.73 | ▲ +3.9% | ▼ −6.2% | +10 |
| 5 sessionssince 24 Sept | ₹1,785.29 | ▼ −2.7% | ▼ −2.8% | +0.12 |
| 1 sessionsince 30 Sept | ₹1,798.22 | ▼ −3.4% | ▼ −0.88% | −2.5 |
OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.