Top 14 Indian Stocks With An Israeli Connection 

By, Muhd. Faizan

Date - 24/10/2023

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 Adani Ports

Shares of Adani Ports, which owns Haifa Port in Israel, fell 5% on Monday to the day's low of Rs 794.15 on BSE.

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 Sun Pharmaceutical

Shares of Sun Pharmaceutical, which owns a majority stake in Israel’s fell around 2%.

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NMDC

Bloomberg data showed miner NMDC have an Israeli connection.

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Tata Consultancy Services

 TCS was the first Indian IT company to establish a presence in Israel in 2005.

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Wipro

Wipro is an Indian IT company that has a presence in Israel. In 2016, Wipro's shares fell over 3% on October 19.

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 Tech Mahindra

Tech Mahindra has a connection to Israel through a recent partnership with ELTA Systems, an Israel-based defense electronics company.

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Infosys

Infosys Ltd has signed an agreement with Israel for cooperation in industrial research and development.

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 State Bank of India

The State Bank of India (SBI) was the first foreign bank to open a branch in Israel's diamond exchange. The branch opened in Tel Aviv in 2007.

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Kalyan Jewellers

Kalyan Jewellers is an Indian jewelry company with an Israeli connection. According to Bloomberg data, Kalyan Jewellers, along with miner NMDC

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Larsen & Toubro 

L&T's Israel design center aims to deepen its involvement in Israel's start-up and innovation ecosystem.

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Dr. Reddy’s 

Dr. Reddy's is one of 14 Indian stocks with an Israeli connection. Investors are scrutinizing the company due to any potential impact.

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 Teva Pharmaceutical

Teva's sales in Israel account for just 2% of global revenue, while production in Israel constitutes less than 8% of total global manufacturing in dollars terms.

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Taro Pharmaceutical

Taro is listed on the NYSE and has operations in the US, Canada, and Israel. It has over 200 pharmaceutical products, including generics.

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Titan

Titan Company Limited has an Israeli connection. Titan is a part of the Tata Group and makes jewelry, watches, and eyewear.

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