Adani Ports stock tanks nearly 4%, co says Haifa port contributes only 3% of total cargo volume

Adani Ports and Special Economic Zone (APSEZ) clarified that the overall contribution of its Haifa port in Israel is only three percent of its total cargo volume. The company remains confident in its business performance despite the recent drop in stock prices. APSEZ operates the Haifa Port, which has caused investor concerns due to the conflict in Israel. Adani Ports shares have fallen by 2.1 percent this year, while other listed Adani Group stocks also experienced a decline.

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