Thus far in the month of February, the stock price of Avanti Feeds has zoomed 75 per cent, while Apex Frozen Foods 52 per cent.
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
As per the Budget document, the government proposes to increase the limit for duty-free imports of specified inputs used for processing seafood products for export, to 3 per cent
Tech analysts Drumil Vithlani of Bonanza and Aakash Shah of Choice Equity Broking decode trading strategy in Apex Frozen Foods, Rallis India, Coromandel and Tata Consumer Products ahead of Budget 2026
PM Modi said the India-EU FTA is a landmark partnership between two major economies, promising sweeping gains and new opportunities for businesses and consumers.
The growing share of value-added shrimp products-which surged 27% YoY globally and 78% in non-US markets in 5MFY26-should support margins.
Analysts view on Apex Frozen: Inventory normalisation in export markets, improving global demand, reduced freight costs and a favourable pricing environment for shrimps support an optimistic outlook.
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.
Shares of Apex Frozen Foods hit a 52-week high of ₹294.80, surging 10 per cent on the BSE in Thursday's intra-day trade.
In case of lower US tariffs, shares from IT, gems & jewellery, shrimps and textile-related sectors are likely to benefit, believe analysts.
Shrimp stocks rally amid news that trade deal talks between India and the US have gained momentum after Narendra Modi and Donald Trump expressed optimism on resolving long-standing issues.
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
Apex Frozen Foods shares zoomed 13.3 per cent on Tuesday, August 12, 2025, logging an intra-day high at ₹251.2 per share on BSE, after the company posted its Q1 results
Avanti Feeds and Apex Frozen dropped 5% each after the US President Donald Trump doubled the tariff rate on imports from India to 50%.
The drop in these shrimp stocks followed the imposition of a 27 per cent reciprocal tariff on India by US President Donald Trump
The centre also proposed to reduce basic custom duty (BCD) from 30 per cent to 5 per cent on frozen fish paste (Surimi) for the manufacture and export of its analogue products.
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
Apex Frozen Foods' Q4FY21 sales volume grew by around 30 per cent YoY on the back of easing of the transport situation
Dixon Tech, Shipping Corporation, Essel Propack, BF Utilities, Godawari Power, JBM Auto, Indiabulls Real Estate and RPG Lifesciences gained in the range of 104% to 153%.