−7.5% from the high · +35% from the low
Long unwinding into a 13-day expiry: futures OI −0.9% on a −0.8% day, the most call OI sits at 1,800, the most put OI at 1,700, max pain 1,740.
ADANIPORTS futures closed at ₹1,744.20, −0.3% to spot, with 89% of open interest in the 27 Oct contract, and the 1,740 straddle prices a move of about ±3.4% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct13 days | ₹1,744.20 | −4.50−0.3% | −7.2% | 29,000▼ −1.4% · −420 lots | 89 | 3,500 |
| 23 Nov40 days | ₹1,752.10 | +3.40+0.2% | +1.8% | 3,300▲ +3.2% · +100 lots | 10 | 250 |
| 29 Dec76 days | ₹1,762.60 | +13.90+0.8% | +3.8% | 160▲ +8.2% · +12 lots | 0.49 | 44 |
11% of futures OI sits beyond the 27 Oct contract · 35 of 57 listed contracts traded · 28,000 option contracts changed hands
The 1,740 straddle closed at ₹60.05 (call 31.50 + put 28.55), pricing a move of about ±3.4% by the 27 Oct expiry. In the last 262 windows of 9 sessions, ADANIPORTS moved more than that 94 times.
After the last 8 bulletins, ADANIPORTS closed higher five sessions later in 1 of 7.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 9 OctGQG selling pressures ITC and Adani stocks amid Nifty low | ▲ +3.1%Nifty +1.3% · +1.8 pp | ▲ +2.7%Nifty +0.6% · +2.1 pp | —not reached | ▼ −2.3%short covering |
| 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 | ▲ +0.4%Nifty −0.8% · +1.1 pp | ▲ +14.6%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 |
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, 4.1 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 14 Oct | 30consolidated | 4.1 | ₹1,748.70 |
| JSWINFRAJSW Infrastructure Limited | 80,000 cron 14 Oct | — | 6.8 | ₹341.80 |
| GPPLGujarat Pipavav Port Limited | 8,500 cron 14 Oct | — | 3.5 | ₹175.55 |
| ATLAllcargo Terminals Limited | 680 cron 14 Oct | — | 1.9 | ₹26.90 |
Promoters hold 66.0%, foreign portfolio investors 15.9%, mutual funds 5.0% and insurance companies 7.2%, as filed for the quarter to 30 Sept.
| Category | 30 Sept | 30 Jun | 31 Mar | 31 Dec | 23 Dec |
|---|---|---|---|---|---|
| Promoters | 66.030.00 pp | 66.03▼ −1.99 pp | 68.020.00 pp | 68.020.00 pp | 68.02 |
| Foreign portfolio investors | 15.95▲ +0.37 pp | 15.58▲ +2.34 pp | 13.24▲ +0.15 pp | 13.09▲ +0.34 pp | 12.75 |
| Mutual funds | 4.95▼ −0.29 pp | 5.240.00 pp | 5.24▲ +0.14 pp | 5.10▼ −0.13 pp | 5.23 |
| Insurance companies | 7.17▼ −0.01 pp | 7.18▼ −0.23 pp | 7.41▼ −0.18 pp | 7.59▼ −0.26 pp | 7.85 |
| Banks and financial institutions | 1.14▼ −0.04 pp | 1.18▼ −0.03 pp | 1.21▲ +0.01 pp | 1.20▲ +0.18 pp | 1.02 |
| Individual investors | 3.96▼ −0.01 pp | 3.97▼ −0.12 pp | 4.09▼ −0.12 pp | 4.21▼ −0.09 pp | 4.30 |
| Bodies corporate | 0.53▲ +0.04 pp | 0.49▼ −0.02 pp | 0.51▼ −0.03 pp | 0.54▼ −0.03 pp | 0.57 |
| Other foreign holders | — | — | 0.010.00 pp | 0.010.00 pp | 0.01 |
| Others | 0.29▼ −0.04 pp | 0.33▲ +0.04 pp | 0.29▲ +0.05 pp | 0.24▼ −0.01 pp | 0.25 |
Nothing upcoming on record; the board meets for results on 28 Oct 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 +2.0% over 20 sessions against Nifty's −2.1%, 7.5% below its 52-week high, realised volatility 35% annualised.
| Window | From ₹ | ADANIPORTS % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 9 Oct | ₹1,395.61 | ▲ +25% | ▼ −10% | +35 |
| 120 sessionssince 22 Apr | ₹1,588.57 | ▲ +10% | ▼ −7.2% | +17 |
| 60 sessionssince 20 Jul | ₹1,844.04 | ▼ −5.2% | ▼ −6.7% | +1.5 |
| 20 sessionssince 15 Sept | ₹1,713.74 | ▲ +2.0% | ▼ −2.1% | +4.2 |
| 5 sessionssince 7 Oct | ₹1,750.10 | ▼ −0.08% | ▲ +0.09% | −0.17 |
| 1 sessionsince 13 Oct | ₹1,762.98 | ▼ −0.81% | ▼ −0.44% | −0.37 |
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