On a monthly scale, Adani Ports share price is down over 6 per cent in October so far. The stock has been in the green since March this year on a monthly basis and if it ends in the red in October, it will have broken its seven-month winning streak.
Haifa Port is a profit-making port focused on bulk and containers, with scope for operating leverage by reducing employee costs, per its retirement plan, and long-term real estate development upside.
Adani Ports was closely monitoring the action on ground, which was concentrated in South Israel. The Adani group firm said it was taking measures to ensure safety of its employees.
Adani Ports Israel: Adani Ports stock rebounds after concerns about Israel conflict. Analysts say impact of Israel conflict on Adani Ports will be minimal. Brokerages give positive outlook on Adani Ports despite Israel conflict.