TCS.NS vs. ADANIENT.NS

Last updated Jun 5, 2026

TCS.NS (Tata Consultancy Services Limited) and ADANIENT.NS (Adani Enterprises Limited) are both stocks. TCS.NS operates in Information Technology Services (Technology), while ADANIENT.NS operates in Thermal Coal (Energy). Over the past 10 years, TCS.NS returned 7.75%/yr vs 54.41%/yr for ADANIENT.NS. At a 0.19 correlation, their price movements are largely independent.

Performance

TCS.NS vs. ADANIENT.NS - Performance Comparison

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

Returns By Period

In the year-to-date period, TCS.NS achieves a -27.87% return, which is significantly lower than ADANIENT.NS's 32.73% return. Over the past 10 years, TCS.NS has underperformed ADANIENT.NS with an annualized return of 7.75%, while ADANIENT.NS has yielded a comparatively higher 54.41% annualized return.

TCS.NS

• 1D: -0.03%
• 1M: -6.73%
• YTD: -27.87%
• 6M: -28.58%
• 1Y: -30.91%
• 3Y*: -9.11%
• 5Y*: -3.94%
• 10Y*: 7.75%

ADANIENT.NS

• 1D: 1.61%
• 1M: 17.03%
• YTD: 32.73%
• 6M: 31.23%
• 1Y: 18.76%
• 3Y*: 6.94%
• 5Y*: 11.87%
• 10Y*: 54.41%

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

TCS.NS vs. ADANIENT.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TCS.NS Tata Consultancy Services Limited	-27.87%	-18.98%	10.01%	20.64%	-11.68%	32.01%	34.97%	18.23%	41.33%	14.19%
ADANIENT.NS Adani Enterprises Limited	32.73%	-11.38%	-11.21%	-26.13%	125.80%	256.70%	131.80%	29.79%	78.17%	118.43%

Correlation

The correlation between TCS.NS and ADANIENT.NS is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Aug 26, 2004	0.19

Return for Risk

TCS.NS vs. ADANIENT.NS — Risk / Return Rank

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

TCS.NS

TCS.NS Risk / Return Rank: 4
TCS.NS Sharpe Ratio Rank: 1
TCS.NS Sortino Ratio Rank: 4
TCS.NS Omega Ratio Rank: 4
TCS.NS Calmar Ratio Rank: 6
TCS.NS Martin Ratio Rank: 2

ADANIENT.NS

ADANIENT.NS Risk / Return Rank: 57
ADANIENT.NS Sharpe Ratio Rank: 61
ADANIENT.NS Sortino Ratio Rank: 57
ADANIENT.NS Omega Ratio Rank: 56
ADANIENT.NS Calmar Ratio Rank: 54
ADANIENT.NS Martin Ratio Rank: 55

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.

TCS.NS vs. ADANIENT.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tata Consultancy Services Limited (TCS.NS) and Adani Enterprises Limited (ADANIENT.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.

	TCS.NS	ADANIENT.NS	Difference
Sharpe ratio: Return per unit of total volatility	-1.29	0.58	-1.87
Sortino ratio: Return per unit of downside risk	-1.76	1.11	-2.87
Omega ratio: Gain probability vs. loss probability	0.77	1.14	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.90	0.57	-1.47
Martin ratio: Return relative to average drawdown	-1.75	1.33	-3.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TCS.NS vs. ADANIENT.NS - Sharpe Ratio Comparison

The current TCS.NS Sharpe Ratio is -1.29, which is lower than the ADANIENT.NS Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of TCS.NS and ADANIENT.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TCS.NS	ADANIENT.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.29	0.58	-1.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.18	0.25	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	1.10	-0.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.35	+0.07

Drawdowns

TCS.NS vs. ADANIENT.NS - Drawdown Comparison

The maximum TCS.NS drawdown since its inception was -66.36%, smaller than the maximum ADANIENT.NS drawdown of -81.04%. Use the drawdown chart below to compare losses from any high point for TCS.NS and ADANIENT.NS.

Drawdown Indicators

	TCS.NS	ADANIENT.NS	Difference
Max Drawdown Largest peak-to-trough decline	-66.36%	-81.04%	+14.68%
Max Drawdown (1Y) Largest decline over 1 year	-34.48%	-34.28%	-0.20%
Max Drawdown (3Y) Largest decline over 3 years	-47.91%	-51.71%	+3.80%
Max Drawdown (5Y) Largest decline over 5 years	-47.91%	-71.35%	+23.44%
Max Drawdown (10Y) Largest decline over 10 years	-47.91%	-71.35%	+23.44%
Current Drawdown Current decline from peak	-47.32%	-28.53%	-18.79%
Average Drawdown Average peak-to-trough decline	-13.55%	-31.94%	+18.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.80%	14.69%	+3.11%

Volatility

TCS.NS vs. ADANIENT.NS - Volatility Comparison

Tata Consultancy Services Limited (TCS.NS) and Adani Enterprises Limited (ADANIENT.NS) have volatilities of 12.42% and 12.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCS.NS	ADANIENT.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.42%	12.18%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	21.01%	28.48%	-7.47%
Volatility (1Y) Calculated over the trailing 1-year period	24.20%	33.46%	-9.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.66%	48.54%	-26.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.92%	50.58%	-26.66%

Dividends

TCS.NS vs. ADANIENT.NS - Dividend Comparison

TCS.NS's dividend yield for the trailing twelve months is around 4.91%, more than ADANIENT.NS's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADANIENT.NS Adani Enterprises Limited	0.04%	0.06%	0.05%	0.04%	0.03%	0.06%	0.20%	0.19%	0.24%	0.43%	0.93%	2.99%
TCS.NS Tata Consultancy Services Limited	4.91%	3.99%	1.83%	3.08%	1.38%	0.94%	1.40%	3.33%	1.19%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both TCS.NS and ADANIENT.NS in my portfolio?

TCS.NS and ADANIENT.NS have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.