ADANIENT.NS vs. M&M.NS

Last updated Apr 3, 2026

Compare and contrast key facts about Adani Enterprises Limited (ADANIENT.NS) and Mahindra & Mahindra Limited (M&M.NS).

Performance

ADANIENT.NS vs. M&M.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Adani Enterprises Limited (ADANIENT.NS) and Mahindra & Mahindra Limited (M&M.NS). The values are adjusted to include any dividend payments, if applicable.

ADANIENT.NS vs. M&M.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADANIENT.NS Adani Enterprises Limited	-18.11%	-11.38%	-11.21%	-26.13%	125.80%	256.70%	131.80%	29.79%	78.17%	118.43%
M&M.NS Mahindra & Mahindra Limited	-18.80%	24.34%	75.15%	39.89%	50.75%	17.48%	36.15%	-32.95%	7.89%	26.81%

Returns By Period

The year-to-date returns for both stocks are quite close, with ADANIENT.NS having a -18.11% return and M&M.NS slightly lower at -18.80%. Over the past 10 years, ADANIENT.NS has outperformed M&M.NS with an annualized return of 45.55%, while M&M.NS has yielded a comparatively lower 17.93% annualized return.

ADANIENT.NS

• 1D: -0.45%
• 1M: -13.67%
• YTD: -18.11%
• 6M: -29.26%
• 1Y: -22.55%
• 3Y*: 2.26%
• 5Y*: 10.68%
• 10Y*: 45.55%

M&M.NS

• 1D: -0.65%
• 1M: -9.68%
• YTD: -18.80%
• 6M: -13.04%
• 1Y: 15.10%
• 3Y*: 38.23%
• 5Y*: 31.35%
• 10Y*: 17.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ADANIENT.NS vs. M&M.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADANIENT.NS

ADANIENT.NS Risk / Return Rank: 13
ADANIENT.NS Sharpe Ratio Rank: 11
ADANIENT.NS Sortino Ratio Rank: 12
ADANIENT.NS Omega Ratio Rank: 13
ADANIENT.NS Calmar Ratio Rank: 19
ADANIENT.NS Martin Ratio Rank: 8

M&M.NS

M&M.NS Risk / Return Rank: 56
M&M.NS Sharpe Ratio Rank: 60
M&M.NS Sortino Ratio Rank: 53
M&M.NS Omega Ratio Rank: 51
M&M.NS Calmar Ratio Rank: 54
M&M.NS Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADANIENT.NS vs. M&M.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adani Enterprises Limited (ADANIENT.NS) and Mahindra & Mahindra Limited (M&M.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ADANIENT.NS	M&M.NS	Difference
Sharpe ratio Return per unit of total volatility	-0.69	0.57	-1.26
Sortino ratio Return per unit of downside risk	-0.89	0.96	-1.85
Omega ratio Gain probability vs. loss probability	0.89	1.12	-0.23
Calmar ratio Return relative to maximum drawdown	-0.61	0.66	-1.26
Martin ratio Return relative to average drawdown	-1.51	2.33	-3.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ADANIENT.NS vs. M&M.NS - Sharpe Ratio Comparison

The current ADANIENT.NS Sharpe Ratio is -0.69, which is lower than the M&M.NS Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of ADANIENT.NS and M&M.NS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ADANIENT.NS	M&M.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.69	0.57	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	1.14	-0.91
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.92	0.60	+0.32
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.19	—

Correlation

The correlation between ADANIENT.NS and M&M.NS is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ADANIENT.NS vs. M&M.NS - Dividend Comparison

ADANIENT.NS's dividend yield for the trailing twelve months is around 0.07%, less than M&M.NS's 0.84% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADANIENT.NS Adani Enterprises Limited	0.07%	0.06%	0.05%	0.04%	0.03%	0.06%	0.20%	0.19%	0.24%	0.43%	0.93%	2.99%
M&M.NS Mahindra & Mahindra Limited	0.84%	0.68%	0.70%	0.94%	0.92%	1.05%	0.33%	1.60%	0.93%	0.01%	0.01%	0.01%

Drawdowns

ADANIENT.NS vs. M&M.NS - Drawdown Comparison

The maximum ADANIENT.NS drawdown since its inception was -33,189,828.02%, which is greater than M&M.NS's maximum drawdown of -94.09%. Use the drawdown chart below to compare losses from any high point for ADANIENT.NS and M&M.NS.

Drawdown Indicators

	ADANIENT.NS	M&M.NS	Difference
Max Drawdown Largest peak-to-trough decline	-33,189,828.02%	-94.09%	-33,189,733.93%
Max Drawdown (1Y) Largest decline over 1 year	-34.28%	-22.91%	-11.37%
Max Drawdown (5Y) Largest decline over 5 years	-71.35%	-28.09%	-43.26%
Max Drawdown (10Y) Largest decline over 10 years	-71.35%	-72.28%	+0.93%
Current Drawdown Current decline from peak	-14,635,325.33%	-20.79%	-14,635,304.54%
Average Drawdown Average peak-to-trough decline	-4,454,523.65%	-31.18%	-4,454,492.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.79%	6.48%	+7.31%

Volatility

ADANIENT.NS vs. M&M.NS - Volatility Comparison

The current volatility for Adani Enterprises Limited (ADANIENT.NS) is 11.00%, while Mahindra & Mahindra Limited (M&M.NS) has a volatility of 14.33%. This indicates that ADANIENT.NS experiences smaller price fluctuations and is considered to be less risky than M&M.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADANIENT.NS	M&M.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.00%	14.33%	-3.33%
Volatility (6M) Calculated over the trailing 6-month period	24.36%	18.80%	+5.56%
Volatility (1Y) Calculated over the trailing 1-year period	32.88%	26.56%	+6.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.19%	28.14%	+21.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.66%	30.36%	+20.30%

Financials