New Delhi, April 7 -- Adani Ports and Special Economic Zone Ltd stock has fallen by about 10% to Rs.1,376 since the West Asia conflict began on 27 February. The fall would have been steeper if not for the company's business updates highlighting that it had clocked 11% year-on-year growth in cargo volumes to 46 million tonnes (MT) in March. Riding on the strong showing in March, FY26 volume growth came in at 11% to 501 MT, slightly lower than management's guidance of 505-515 MT.

Analysts from JM Financial Institutional Securities and Nomura Financial Advisory and Securities (India) believe Adani Ports overcame the estimated loss of container volumes linked to Mundra Port in March with gains from transshipment volumes, as many internationa...