Iran Sanctions: Indian Companies Face Major Impact, Shares Under Pressure

• US sanctions on Iran directly threaten Indian companies involved in ports, railways, and petrochemical trade.
• Basmati rice exporters to Iran, like Chaman Lal Setia, face halted shipments and payment risks, impacting stock prices.
• Shipping Corporation of India (SCI) and Adani Ports, with significant investments in Chabahar Port, face project delays, funding blocks, and US approval issues.
• IRCON International and RITES Ltd, involved in Iranian rail and infrastructure projects, face medium risk from blocked payments and halted international contracts.
• Indian petrochemical traders, including Alchemical Solutions and Global Industrial Chemicals, face the highest risk of asset freezes and banking cut-offs due to sanctions.

Why It Matters: US sanctions on Iran pose significant risks to Indian companies, impacting shares across various sectors.