Why Adani Ports Share Price is Falling

Indian markets slipped today on concerns about global trade. This weighed down investor sentiment despite hopes for a rate cut by the RBI.

In the middle of a broad market decline, investors were focused on the 3% decline in Adani Ports' share price.

Let's find out what caused the stock of Adani Ports to fall.

#1 LPG Import Controversy

Shares of Adani Ports declined 3% today following a report by the Wall Street Journal stating that US prosecutors are investigating whether Adani group entities imported Iranian liquified petroleum gas (LPG) into India through Mundra Port.

The Wall Street journal reported that tankers between the Gulf and Adani's Mundra port showed signs of trying to evade sanctions.

Adani Group stated that it is not aware of any investigation by US authorities regarding the alleged import of Iranian LPG into India.

The group refused any suggestions of violating US sanctions on Iran, stating the claims are false and mean to harm its reputation.

It also stated the company doesn't handle Iranian cargo at its ports and that they strictly avoid handling shipments from Iran, Iranian flagged vessels or ships owned by Iranians at all their ports.

#2 FII Selling

Following consistent FII buying from the December 2023 quarter to September 2024 quarter, FIIs began decreasing their stake.

FII holdings dropped from 13.9% in December 2024 to 13.4% in March 2025.

This shift in institutional sentiment in the company is another reason for the share price decline.

What Next?

Adani Ports is actively seeking to acquire terminals in Europe which handles 40% of global sea trade. With existing ports in countries like Sri Lanka, Israel, Australia, Tanzania and Greece, Adani Ports is looking further to expand its global footprint.

Also, the company's board of directors have approved a plan to raise Rs 83 billion (bn) through senior notes over the next six quarters. This move is the part of company's expansion plan.

Adani Ports plans to spend Rs 120 bn by March 2026 for capacity expansion in India and abroad. Recently, the company agreed to acquire the North Queensland Export terminal in Australia for about Rs 207.5 bn.

How Adani Ports Share Price has Performed Recently

The stock of Adani Ports has risen about 6% over the past month and about 17% in 2025 so far.

The stock touched its 52-week high of Rs 1,607.9 on 3 June 2024 and a 52-week low of Rs 993.8 on 27 November 2024.

About Adani Ports

Adani Ports and Special Economic Zone (APSEZ) is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country.

It has a presence across 13 domestic ports in seven maritime states of Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu, and Odisha.

Through its subsidiary Adani Logistics, APSEZ operates three logistics parks located at Patli in Haryana, Kila-Raipur in Punjab, and Kishangarh in Rajasthan.

The company's segments include ports and special economic zone (SEZ) activities, and others. The Ports and SEZ activities segment is engaged in developing, operating and maintaining ports, ports-related infrastructure development, and the development of infrastructure at special economic zones. The others segment represents its logistics, transportation, and utility business.

The company's ports to logistics platform comprise ports facilities and integrated logistics, including multimodal logistics parks, grade A warehouses, and industrial economic zones.

For more details about the company, you can have a look at Adani Ports factsheet and quarterly results on our website.

Hers are some peer group comparisons of Adani Ports:

Adani Ports vs Gujarat Pipavav Port

Adani Ports vs JSW Infrastructure Ltd

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