ADIA Portfolio Analysis: 10 Indian Stocks Rally up to 106% in CY26
The Abu Dhabi Investment Authority (ADIA) has demonstrated significant momentum in the Indian equity market, with its global funds recording a substantial 30% gain in the first half of CY26. As of June 19, 2026, the portfolio’s value has climbed to Rs 4,817 crore, up from Rs 3,720 crore in December 2025.
Defense and Tech Stocks Drive Massive Returns
The standout performers in ADIA's Indian portfolio are concentrated in the defense and specialized technology sectors. High-growth companies have delivered extraordinary returns in less than six months, significantly boosting the fund's overall valuation.
Leading the pack is Paras Defence And Space Technologies, which has skyrocketed by 106% in CY26, rising from Rs 684 to Rs 1,409. ADIA maintains an estimated 3.08% stake in the company, currently valued at approximately Rs 349 crore. Similarly, Data Patterns (India) has seen an 84% surge, moving from Rs 2,627 to Rs 4,822, with ADIA holding a 1.37% stake worth roughly Rs 369 crore.
Other notable gainers include:
- Zen Technologies: Surged 81%, rising from Rs 702 to Rs 1,273 (ADIA stake: ~Rs 220 crore).
- Solar Industries India: Appreciated 27%, climbing from Rs 1,653 to Rs 2,095 (ADIA stake: ~Rs 291 crore).
Diversified Gains Across Healthcare and Consumer Sectors
Beyond high-flying defense stocks, ADIA's portfolio shows healthy appreciation across several established sectors, including healthcare and consumer electricals.
Strides Pharma Science has climbed 23% to reach Rs 1,111, while Tenneco Clean Air India has gained 15%. The healthcare segment also saw positive movement from Rainbow Children's Medicare, which advanced 11% to Rs 1,471. In the financial services and consumer space, Computer Age Management Services (CAMS) and Crompton Greaves Consumer Electricals posted gains of 11% and 9%, respectively.
Underperformers and New Strategic Additions
Despite the overall bullish trend, the portfolio has faced headwinds in specific pockets. Two notable laggards have seen significant corrections: Sapphire Foods India and Firstsource Solutions, both of which declined by more than 25% during CY26.
흥미롭게도, Firstsource Solutions는 IT 서비스 기업인 Coforge와 더불어 2026년 3월 분기에 새롭게 추가된 두 개의 전략적 종목 중 하나였습니다. 이는 국부펀드의 전술적 변화 또는 "저가 매수(buy-on-dip)" 접근 방식을 시사합니다. 2026년 3월 분기 기준으로, ADIA의 다각화된 보유 자산은 26개의 인도 상장 기업에 걸쳐 있습니다.
핵심 요약
- 방산 분야의 폭발적 성장: Paras Defence(106%) 및 Data Patterns(84%)와 같은 방산 관련주가 최근 포트폴리오 상승 랠리의 주요 동력입니다.
- 상당한 포트폴리오 가치 상승: ADIA의 인도 주식 가치는 불과 6개월 만에 30% 성장하여 Rs 4,817 crore에 달했습니다.
- 전략적 리밸런싱: 해당 펀드는 보유 종목을 적극적으로 업데이트하고 있으며, 가장 최근 분기에 Coforge 및 Firstsource Solutions와 같은 새로운 종목을 추가했습니다.