📅 Adani Enterprises Limited Seasonality

Adani Enterprises Limited (ADANIENT) has ended October higher in 13 of the last 22 years (59%), with an average October move of +7.7%. The strongest October was 2013 (+47.5%) and the weakest was 2008 (-20.6%).

ADANIENT · data since 2004 (23 yrs) Prices through 16 Oct 2026
13/22
Octobers closed higher
+7.7%
Avg October move
-7.3%
October so far
May
Best month · avg +16.2%
February
Weakest month · avg -1.7%
23
Years of history
Current month: October 2026 historically up 59% of years (13/22) avg +7.7% best 2013 +47.5% worst 2008 -20.6% so far -7.3%

Adani Enterprises Limited's historically strongest month is May — up in 16 of 23 years (70%) with an average gain of +16.2%. The weakest month has been February, averaging -1.7% with gains in only 10 of 23 years.

📊 Average return by month

2004–2026 · completed months only
Bars above the zero line are months ADANIENT typically gained; hover for hit rates.

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg +0.6-1.7+2.0+10.2+16.2+3.3+4.1+2.1+2.9+7.7+4.1+7.1
Up % 50%43%57%70%70%48%48%43%48%59%64%64%
2026 -9.8 +7.0 -18.6 +36.9 +22.0 +3.4 -0.9 -5.0 +1.5 -7.3 · ·
2025 -9.5 -8.4 +10.5 -0.6 +9.5 +3.9 -7.2 -7.7 +11.6 -1.0 -8.1 -1.8
2024 +10.3 +4.6 -2.7 -4.5 +11.7 -6.9 -0.2 -4.7 +3.9 -6.0 -16.4 +2.7
2023 -22.9 -54.1 +28.3 +10.0 +29.5 -4.2 +4.4 -2.9 -0.2 -4.9 +2.8 +20.8
2022 +0.3 -4.1 +22.5 +15.7 -7.1 +1.1 +17.3 +24.3 +8.2 -3.1 +17.0 -1.5
2021 +5.7 +64.5 +23.7 +12.4 +13.6 +14.5 -5.8 +11.8 -7.5 -3.0 +16.8 +2.8
2020 +10.1 -4.7 -37.1 +2.8 +4.9 +5.3 +12.2 +59.5 +6.3 +14.3 +17.3 +20.4
2019 -14.8 -6.1 +6.9 -7.8 +21.8 -2.7 -14.4 +6.6 +6.2 +36.9 +7.6 -3.0
2018 +30.2 -4.5 -23.2 +5.5 -13.6 -6.5 +72.7 +15.3 -9.6 +30.2 -2.9 -2.4
2017 +13.9 +13.0 +10.2 +0.4 +7.2 +13.5 +4.5 -3.9 -12.3 +13.8 +10.8 +13.5
2016 -12.6 -19.4 +26.9 +17.5 -16.0 +19.1 -7.0 -9.7 -9.8 +1.8 +1.7 +12.5
2015 +29.0 +13.4 -13.5 +9.6 +4.8 -54.3 -1.3 -13.8 +7.6 +14.3 -10.8 +1.2
2014 -9.0 +6.4 +44.7 +13.6 +14.6 -5.0 -2.7 +10.4 -1.7 +2.9 -5.2 +6.0
2013 -7.9 -13.8 -6.2 +7.9 -2.9 -2.7 -10.7 -19.1 -0.5 +47.5 +26.8 -0.3
2012 +41.7 -9.9 -18.7 -7.8 -7.3 -14.6 -18.6 -10.8 +29.1 +7.1 +11.4 +13.2
2011 -13.2 +8.3 +9.1 -6.2 +2.2 +12.0 -18.1 -8.7 -0.5 -9.3 -36.9 -2.6
2010 +1.7 +9.8 -3.5 +19.8 -3.5 -0.7 +8.4 +12.5 +1.9 +6.3 -5.0 -2.9
2009 -6.2 -13.6 +9.4 +58.0 +59.5 +21.5 +1.2 -13.1 -6.8 +7.4 +14.0 +7.0
2008 -23.7 -21.7 -12.7 +41.0 -6.4 -22.5 +3.8 -7.7 -19.9 -20.6 -19.1 +0.4
2007 +1.0 -8.6 +1.2 +6.1 +5.4 +16.8 +21.0 +3.1 +62.6 +43.1 +0.4 +43.9
2006 +1.7 -3.9 +3.7 +0.0 +202.5 -28.2 -9.0 +4.2 +12.3 +0.4 +58.3 +6.7
2005 -2.0 +1.6 -21.9 -0.6 +7.6 -2.2 +3.0 +15.8 -12.3 -7.4 +8.8 -7.1
2004 · +5.0 +6.7 +6.2 +11.8 +115.8 +40.8 -8.7 -4.1 -0.8 +0.3 +26.4

🏆 Top 25 seasonal picks — October 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 MUTHOOTFIN Muthoot Finance Limited 13/15 yrs up 87% +4.4% -5.1%
2 POKARNA Pokarna Limited 9/10 yrs up 90% +9.7% +1.2%
3 STYRENIX Styrenix Performance Materials Limited 18/22 yrs up 82% +3.7% +2.3%
4 TBZ Tribhovandas Bhimji Zaveri Limited 12/14 yrs up 86% +12.3% +19.5%
5 RAMCOCEM The Ramco Cements Limited 17/22 yrs up 77% +0.6% -4.8%
6 OBEROIRLTY Oberoi Realty Limited 12/15 yrs up 80% +6.1% -3.5%
7 PDSL PDS Limited 9/11 yrs up 82% +9.4% -2.8%
8 MCX Multi Comm. Exc. 11/14 yrs up 79% +8.9% -4.2%
9 INDOTECH Indo Tech Transformers Limited 15/20 yrs up 75% +6.7% -3.8%
10 SUZLON Suzlon Energy Limited 15/20 yrs up 75% +4.8% +6.4%
11 RSYSTEMS R Systems International Limited 15/20 yrs up 75% +4.2% -6.6%
12 IFBAGRO IFB Agro Industries Limited 16/22 yrs up 73% +11.7% -3.1%
13 GMDCLTD Gujarat Mineral Development Corporation Limited 16/22 yrs up 73% +8.5% -7.2%
14 USHAMART Usha Martin Limited 16/22 yrs up 73% +6.0% -1.5%
15 GSFC Gujarat State Fertilizers & Chemicals Limited 16/22 yrs up 73% +4.6% -1.3%
16 ICICIBANK ICICI Bank Limited 16/22 yrs up 73% +4.5% +5.7%
17 SHRIRAMFIN Shriram Finance Limited 16/22 yrs up 73% +2.8% -4.3%
18 KABRAEXTRU Kabra Extrusion Technik Limited 16/22 yrs up 73% +2.2% +0.4%
19 HIRECT Hind Rectifiers Limited 14/19 yrs up 74% +4.7% -2.7%
20 TI Tilaknagar Industries Limited 12/16 yrs up 75% +9.5% +2.0%
21 KECL Kirloskar Electric Company Limited 12/16 yrs up 75% +8.0% -1.9%
22 IMFA Indian Metals & Ferro Alloys Limited 12/16 yrs up 75% +8.0% -0.9%
23 DBREALTY Valor Estate Limited 12/16 yrs up 75% +7.4% -9.7%
24 ATULAUTO Atul Auto Limited 10/13 yrs up 77% +8.3% -5.6%
25 MINDTECK Mindteck (India) Limited 8/10 yrs up 80% +5.1% -2.8%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026 historically up 73% of years (16/22) avg +21.6% so far -7.3%

By quarter, Q2 (Apr–Jun) has been the strongest for ADANIENT: up in 19 of 23 years, averaging +31.1%. Q1 (Jan–Mar) has been the softest (+0.3% on average). The current quarter (Q4) has historically closed higher 73% of the time.

📊 Average return by quarter

Q1 = Jan–Mar … Q4 = Oct–Dec
Calendar quarters, close-to-close. Hover for hit rates.

🗓️ Quarter-by-quarter returns

dashed cell = current quarter to date
Year Q1Q2Q3Q4
Avg +0.3+31.1+10.2+21.6
Up % 45%83%43%73%
2026 -21.5 +72.6 -4.4 -7.3
2025 -8.4 +13.1 -4.3 -10.6
2024 +12.2 -0.6 -1.3 -19.4
2023 -54.6 +36.4 +1.1 +18.0
2022 +17.9 +8.7 +57.7 +11.7
2021 +115.0 +46.2 -2.6 +16.4
2020 -34.0 +13.6 +90.1 +61.4
2019 -14.4 +9.2 -3.1 +42.9
2018 -4.5 -14.8 +79.9 +23.3
2017 +41.8 +22.2 -11.8 +43.0
2016 -10.6 +17.5 -24.3 +16.5
2015 +26.5 -47.5 -8.4 +3.1
2014 +40.2 +23.7 +5.6 +3.3
2013 -25.5 +1.9 -28.2 +86.4
2012 +3.8 -27.1 -6.4 +34.9
2011 +2.6 +7.3 -25.6 -44.3
2010 +7.7 +14.7 +24.3 -1.9
2009 -11.4 +206.4 -18.1 +31.0
2008 -47.8 +2.3 -23.2 -35.5
2007 -6.6 +30.6 +102.8 +106.6
2006 +1.4 +117.2 +6.5 +69.4
2005 -22.2 +4.6 +4.7 -6.3
2004 · +156.2 +23.3 +25.7

🏆 Top 25 seasonal picks — Q4 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 RHIM RHI MAGNESITA INDIA LIMITED 13/14 yrs up 93% +14.0% -3.8%
2 APOLLOHOSP Apollo Hospitals Enterprise Limited 19/22 yrs up 86% +6.2% -3.4%
3 RSYSTEMS R Systems International Limited 17/20 yrs up 85% +24.7% -6.6%
4 STAR Strides Pharma Science Limited 18/22 yrs up 82% +6.3% -6.7%
5 DRREDDY Dr. Reddy's Laboratories Limited 18/22 yrs up 82% +4.5% +0.0%
6 PROZONER Prozone Realty Limited 12/14 yrs up 86% +19.8% -3.9%
7 POLYMED Poly Medicure Limited 12/14 yrs up 86% +9.2% -4.8%
8 INDOTECH Indo Tech Transformers Limited 16/20 yrs up 80% +23.2% -3.8%
9 TI Tilaknagar Industries Limited 13/16 yrs up 81% +22.7% +2.0%
10 FIEMIND Fiem Industries Limited 15/19 yrs up 79% +14.2% +2.2%
11 BSOFT BIRLASOFT LIMITED 17/22 yrs up 77% +21.8% +17.1%
12 SONATSOFTW Sonata Software Limited 17/22 yrs up 77% +20.2% -4.0%
13 FACT Fertilizers and Chemicals Travancore Limited 17/22 yrs up 77% +20.1% -3.3%
14 TVSHLTD TVS Holdings Limited 17/22 yrs up 77% +15.4% -5.0%
15 APARINDS Apar Industries Limited 17/22 yrs up 77% +15.1% -7.8%
16 STYRENIX Styrenix Performance Materials Limited 17/22 yrs up 77% +11.0% +2.3%
17 EPL EPL Limited 17/22 yrs up 77% +10.4% -2.1%
18 TORNTPHARM Torrent Pharmaceuticals Limited 17/22 yrs up 77% +8.5% -5.0%
19 WIPRO Wipro Limited 17/22 yrs up 77% +8.4% +16.3%
20 HINDALCO Hindalco Industries Limited 17/22 yrs up 77% +7.6% -3.6%
21 VTL Vardhman Textiles Limited 17/22 yrs up 77% +7.4% -0.5%
22 HDFCBANK HDFC Bank Limited 17/22 yrs up 77% +6.2% +2.8%
23 COROMANDEL Coromandel International Limited 17/22 yrs up 77% +5.9% +0.0%
24 ASIANPAINT Asian Paints Limited 17/22 yrs up 77% +4.3% -2.9%
25 JPOLYINVST Jindal Poly Investment and Finance Company Limited 10/12 yrs up 83% +34.9% +2.1%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
❓ ADANIENT seasonality — FAQ
How often does Adani Enterprises Limited rise in October?
Historically ADANIENT has closed October with a gain in 13 out of 22 years — a 59% hit rate — averaging +7.7% for the month (data since 2004).
Which is the best month to buy Adani Enterprises Limited historically?
Based on 23 years of data, May has been ADANIENT's strongest month: positive in 70% of years with an average return of +16.2%. Past seasonality does not guarantee future results.
Which is the weakest month for Adani Enterprises Limited?
February has historically been the weakest month for ADANIENT, with an average move of -1.7% and gains in just 10 of 23 years.
Which quarter is historically strongest for Adani Enterprises Limited?
Q2 (Apr–Jun) — positive in 19 of 23 years with an average return of +31.1%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.

Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2004. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI