Adani Ports stock falls 5% over Haifa ops

Adani Ports & SEZ stock initially dropped 5.5% but later closed down 4.9% due to a knee-jerk reaction to West Asia news. The company reassured that its operations at Haifa port in Israel remained unaffected as the conflict was in the southern part of the country. Haifa port represents only 3% of the company’s total cargo tonnage.