ADIA Portfolio Surges 30% in CY26 as Defense Stocks Lead Rally
The Abu Dhabi Investment Authority (ADIA) has demonstrated significant momentum in the Indian equity market, with its global funds portfolio recording a robust 30% gain in the first half of CY26. As of June 19, 2026, the portfolio value has climbed to Rs 4,817 crore, up from Rs 3,720 crore in December 2025.
Defense and Aerospace Drive Massive Gains
The standout performers in ADIA's Indian portfolio are concentrated in the high-growth defense and technology sectors. Several stocks have delivered extraordinary returns in less than six months, signaling strong institutional confidence in India's manufacturing and strategic sectors.
Leading the pack is Paras Defence And Space Technologies, which has rallied a staggering 106% in CY26, with its share price climbing from Rs 684 to Rs 1,409. ADIA maintains an estimated 3.08% stake in the company, 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 Rs 369 crore.
Other notable high-performers include:
- Zen Technologies: Surged 81%, rising from Rs 702 to Rs 1,273 (ADIA stake: ~Rs 220 crore).
- Solar Industries India: Appreciated 27%, moving from Rs 1,653 to Rs 2,095 (ADIA stake: ~Rs 291 crore).
Diversified Growth Across Healthcare and Consumer Sectors
Beyond defense, ADIA’s portfolio shows steady appreciation in the pharmaceutical and consumer segments. Strides Pharma Science has climbed 23% to reach Rs 1,111, while Tenneco Clean Air India has gained 15%. The healthcare sector also saw positive movement from Rainbow Children's Medicare, which advanced 11% to Rs 1,471.
In the financial and consumer goods space, Computer Age Management Services (CAMS) and Crompton Greaves Consumer Electricals have contributed moderate gains of 11% and 9%, respectively. These steady performers help balance the high volatility seen in the more aggressive defense plays.
Underperformers and Strategic New Additions
尽管整体增长了 30%，但投资组合在特定领域面临阻力。两只股票表现显著落后，跌幅均超过 25%。Sapphire Foods India 下跌了 27%，从 Rs 257 跌至 Rs 188，而 Firstsource Solutions 也下跌了 27%，从 Rs 336 跌至 Rs 245。
有趣的是，Firstsource Solutions 是 2026 年 3 月季度新增至 ADIA 投资组合的两只新股之一。另一只近期新增的股票是 Coforge，这表明该主权财富基金正在积极对其持有的 26 家印度公司头寸进行重新平衡，以捕捉 IT 和服务行业的新的增长机会。
核心要点
- 强劲增长： ADIA 的印度股票投资组合在 CY26 增长了 30%，估值达到 Rs 4,817 crore。
- 国防板块主导： Paras Defence (+106%) 和 Data Patterns (+84%) 等高增长股票是投资组合反弹的主要驱动力。
- 积极重新平衡： 尽管相关行业近期出现波动，但该基金在 2026 年 3 月季度新增了两只股票：Firstsource Solutions 和 Coforge。