Shrimp Exports

Avanti Feeds up 35% in 2 days, stock hits new high after 8 yrs; here's why

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.

Shrimp industry gets a fresh lease of life after cut in US tariffs

Indian shrimp exporters have welcomed the US decision to cut tariffs, easing severe cost pressures, though industry players say the move came too late as major import orders for 2026 are in place

Apex Frozen, Avanti Feeds hit 20% upper circuit on US tariff relief

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

Apex Frozen Foods zooms 19% on heavy volumes; what's driving seafood stock?

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.

Shrimp farming can be an answer to growing soil salinity in North India

The reports said that in India, out of a total 6.74 million hectares of salinity-affected subsoils (SAS), 1.2 million hectares (around 18%) are in north-western India alone

Best of BS Opinion: Sebi reforms to make things easier for investors

From Sebi's investor-friendly rule changes and PM Modi's West Asia tour to debates on power grid reform, shrimp exports and a Zomato biography, here's today's Best of BS Opinion.

Export dilemma: The 'shrimp vs smartphone' debate in India-US trade

How US tariffs are forcing India to weigh exports of labour-intensive products against technology-intensive ones. One is a job creator, the other a sunshine industry. It is not an easy choice

Apex Frozen, Avanti Feeds zoom up to 15%; why shrimp stocks in focus?

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

Australia lifts ban on imports of unpeeled Indian prawn: Nara Lokesh

Australia has granted its first import approval for unpeeled Indian prawns, ending a years-long restriction and giving a major boost to India's seafood export sector

US tariffs cause ₹25,000 cr loss to Andhra's shrimp industry: CM Naidu

Andhra Pradesh accounts for 80 per cent of the country's shrimp exports and 34 per cent of marine exports, valued at around ₹21,246 crore annually, Naidu said

Indian shrimp export industry likely to take a 12% revenue hit in FY26

Shrimp exporters' revenue is likely to decline 12 per cent year-on-year in 2025-26, hit by the steep tariffs imposed by the US, effective August 27, a report said on Wednesday. The US is India's most critical market for frozen shrimp, representing 41 per cent of the export volume and 48 per cent of the value in FY25, India Ratings and Research (Ind-Ra) said in the report. The 50 per cent reciprocal tariff (58 per cent effective tariff rate after additional anti-dumping duty and countervailing duty) is expected to significantly impact trade flows, eroding India's cost competitiveness against its peers, namely Ecuador, Vietnam, and Indonesia and thus impacting export volumes, it added. As per Ind-Ra's analysis of India's major shrimp companies, aggregate revenue could decline 12 per cent year-on-year, while margins could compress around 150 bps year-on-year in FY26. Ind-Ra also expects some working capital stress to emerge. "The steep reciprocal tariff in the key export market of th

Avanti Feeds, Apex Frozen surge up to 17%. Why are shrimp stocks in focus?

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.

India's shrimp exports expected to fall 15-18% as US hikes tariff: Crisil

India's shrimp export volumes are expected to contract by 15-18 per cent this fiscal following the US decision to raise import tariffs on the commodity to 58.26 per cent from August 27, a report said on Friday. This will lead to a fall in realisations even as exporters look to change their product mix and scout for alternative export destinations, the report by Crisil Ratings said. Thus, revenues, which were stagnant for the past four fiscals, will decline 18-20 per cent year-on-year this financial year despite some cushion from a surge in shipments in the first quarter in anticipation of the tariff hike. In FY25, India exported around USD 5 billion of shrimps, of which the US accounted for around 48 per cent. Lower revenues, coupled with the inability to pass on the tariff burden to customers, will erode the operating profit margin by 150-200 basis points. The combination of lower revenues and subdued margins will weaken the debt protection metrics of players, following which the

Shrimp exporters seek govt aid as Trump tariffs threaten $2 bn of exports

The Seafood Export Association of India has approached the ministries of commerce and finance to seek emergency financial support as USD 2 billion worth of shrimp exports to the US face severe disruptions due to increased tariffs imposed by President Donald Trump, a statement said on Sunday. The association has requested a 30 per cent increase in working capital through soft loans, with margins covered by interest subvention and a 240-day moratorium for pre- and post-packaging operations. "Close to USD 2 billion worth of shrimp exports face severe disruptions," Seafood Export Association of India (SEAI) Secretary General K N Raghavan told PTI, adding that Trump last week further increased reciprocal tariffs from 25 per cent to up to 50 per cent. India exported USD 2.8 billion worth of shrimps to the US in 2024 and has shipped USD 500 million worth so far this year. The new duties make Indian seafood significantly less competitive compared to China, Vietnam and Thailand, which face U

US tariff: Shrimp biz worth ₹25K cr at stake; farm gate rates drop 19%

Trump's 50% tariff on Indian seafood exports leads to sharp drop in shrimp prices, hurting farmer income in Andhra Pradesh and Odisha; industry urges diversification

India misses marine export target by over ₹37,000 crore under PMMSY

Looming US tariff threats may further hurt the sector, say experts

Tamil Nadu plans seafood exports of $5 bn, sets roadmap for blue economy

State has India's second-longest coastline but is seventh among seafood-exporting states

Shrimp export volume growth to stay flat in FY26 due to US tariffs: Crisil

Indian exporters are expected to face stronger competition in low-value-added segments like raw, frozen, and peeled frozen shrimp, according to the Crisil report

Avanti Feeds soars 8% on healthy Q4 results, declares dividend of ₹9

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

India's meat, shrimp exporters hope for new markets with India-UK FTA

Indian exporters expect a rise in meat, shrimp, and spirits demand in the UK as tariff removal under the Free Trade Agreement opens access to South-East Asian diaspora