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Indian seafood exporters jump on EU approval, US tariff talk hopes

Indian seafood exporters jump on EU approval, US tariff talk hopes

Avanti Feeds LimitedSeptember 10, 20253
Indian seafood exporters jump on EU approval, US tariff talk hopes

About this update from Avanti Feeds Limited

** Shares of seafood exporters jump on European Union approval for exports ** Coastal Corporation NSE:COASTCORP, Apex Frozen NSE:APEX amd Avanti feeds NSE:AVANTIFEED rise 20%, 15% and 9.1% respectively ** COAS set for best day in more three and a half years** The EU has approved 102 new Indian fishery units for export, boosting market access for aquaculture shrimp, squid and octopus** Rising hopes for India-U.S. trade talks also supports gains in seafood exporters** North America sales form 70% of AVNT's total sales and U.S. accounts for 56% for APEX's sales, as of Dec 2024** YTD, AVNT up ~7%; COAS and APEX down 31% and 7.6%, respectively

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