Avanti Feeds

Share price of Avanti Feeds surged 12 per cent to ₹1,078.75 on the BSE in Wednesday's intra-day trade, and surpassed its previous high of ₹999.99 touched on November 13, 2017.

Avanti Feeds hit a fresh life-time high at ₹960, while Apex Frozen Foods quoted at its highest level since September 2022 after the US President partly rolled back reciprocal tariffs on Indian imports

The growing share of value-added shrimp products-which surged 27% YoY globally and 78% in non-US markets in 5MFY26-should support margins.

The first tranche of the trade deal between India and the US is "more or less near closure", and it will address the reciprocal tariff imposed by Washington on several Indian products, report.

In case of lower US tariffs, shares from IT, gems & jewellery, shrimps and textile-related sectors are likely to benefit, believe analysts.

Textiles, shrimp-related stocks rallied in Thursday's intra-day trade following reports that the US and India are close to signing a trade deal which could see substantial cut tariffs.

Shrimp exporters stock tank up to 12 per cent after 50 per cent tariffs imposed by the US came into effect; check key details here

Avanti Feeds and Apex Frozen dropped 5% each after the US President Donald Trump doubled the tariff rate on imports from India to 50%.

Avanti Feeds share price: Avanti Feeds shares gained today after it reported 39.6 per cent Y-o-Y jump in profit after tax to ₹157.19 crore

The drop in these shrimp stocks followed the imposition of a 27 per cent reciprocal tariff on India by US President Donald Trump

However, thus far in the calendar year 2025, the BSE Smallcap index has underperformed the market by falling 20%, as against 14% decline in BSE Midcap index and 4% drop in BSE Sensex.

Avanti Feeds shares have outperformed the market, thus far in the calendar year 2025 by surging 28 per cent

Towards the end of 2023, ACC initiated a strong rally from the Rs 1,800-1,850 zone, surging sharply to around Rs 2,700 within just three months

IIFL Facilities Services on Thursday bought additional shares of Avanti Feeds for Rs 470 crore through an open market transaction. IIFL Facilities Services is an arm of IIFL Capital Services and a part of IIFL Group. According to the block deal data available on the National Stock Exchange (NSE), IIFL Facilities Services purchased 59.77 lakh shares or 4.4 per cent stake in Avanti Feeds. The shares were acquired at an average price of Rs 786 apiece, taking the transaction value to Rs 469.82 crore. Thailand-based Thai Union Group offloaded a similar number of shares at the same price, as per the NSE data. Shares of Avanti Feeds went up 0.36 per cent to close at Rs 788.95 apiece on the NSE. On Tuesday, IIFL Facilities Services picked up a 4.4 per cent stake in Hyderabad-based Avanti Feeds for Rs 435 crore. Thai Union Group is a producer of seafood based products. In a separate block deal on the BSE, Fidelity International acquired an additional 1.64 per cent stake in Campus Active

Avanti Feeds shares hit an over six-year high of Rs 811.80 today as they rallied 10 per cent on the National Stock Exchange in the intraday trade amid heavy volumes

Apex Frozen Foods skyrocketed up to 16.04% to hit an intraday high of Rs 276.35 per share, while Avanti Feeds zoomed as much as 8.97% to hit an intraday high of Rs 653.35 per share

Finance Minister Nirmala Sitharaman announced a proposal to provide finance for shrimp farming and marketing in Budget 2024-25

Avanti Feeds share break out: After staying range-bound since the start of the year, Avant Feeds stock price broke out of the consolidation phase on June 7

Shares of Avanti Feeds, Coastal Corporation, and Waterbase soared up to 20 per cent in trade, as against a 2.05 per cent climb in the S&P BSE Sensex

Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.