Jefferies has identified Adani Ports, CONCOR, Delhivery, JSW Infrastructure and Aegis Vopak as potential beneficiaries of any easing in West Asia tensions, noting that ports have been more resilient than rail logistics during the current disruption. Indian port volumes grew 4% year-on-year since March 2026, while container volumes rose 7% on higher transshipment activity, partly offsetting weaker EXIM cargo. However, Indian Railways' container volumes declined 5%, as transshipment gains did not translate into hinterland rail demand
Jefferies Says Easing West Asia Tensions Could Unlock Upside for Adani Ports, CONCOR and Delhivery
Jefferies has identified Adani Ports, CONCOR, Delhivery, JSW Infrastructure and Aegis Vopak as potential beneficiaries of any easing in West Asia tensions, noting that ports have been more resilient than rail logistics during the current disruption. Indian port volumes grew 4% year-on-year since March 2026, while container volumes rose 7% on higher transshipment activity, partly offsetting weaker EXIM cargo. However, Indian Railways' container volumes declined 5%, as transshipment gains did not translate into hinterland rail demand
