NEW DELHI: Shares of Adani Port & SEZ (APSEZ) fell over 5% on Monday as the billionaire Gautam Adani-promoted company has business interest in Israel.
The company had acquired Haifa port in northern Israel earlier this year for $1.18 billion. Adani Ports share closed the Monday session at Rs 788.50 apiece, down 5.09% from the previous closing.
“We are monitoring the action on ground, which is concentrated in South Israel, whereas Haifa port is situated in the North. We have taken measures to ensure safety of our employees and all of them are safe. We remain fully alert and prepared,” said a Adani Port spokesperson.