Adani Group stocks drop after WSJ report on US probe into alleged Iran sanctions evasion

ReutersJun 3, 2025 4:01 AM

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Adani Group stocks drop between 1% and 2.5%

Nifty 50-listed .NSEI flagship Adani Enterprises ADEL.NS and Adani Ports APSE.NS decline 2.5% each

Nifty 50 trading 0.2% lower

Adani Green ADNA.NS down 1.4%, Adani Total Gas ADAG.NS drops 2%, Adani Energy ADAI.NS and Adani Power ADAN.NS shed ~1% each

US prosecutors probe whether Adani entities imported Iranian LPG into India through their Mundra port, WSJ reported on Monday

Adani Group denied allegations, adding they were "not aware of any investigation by US authorities on the subject"

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