Apex Frozen, Avanti Feeds and Coastal Corporation Shares Jump By Up to 14% Today; Here’s Why

Synopsis: Shares of Apex Frozen Foods Ltd, Avanti Feeds Ltd, and Coastal Corporation Ltd surged up to 14% after India’s marine exports hit a record $8.43 billion, driven by strong global demand and expansion into new markets. 

Companies engaged in seafood processing and exports, particularly those focused on shrimp and aquaculture products, are key beneficiaries of India’s growing presence in global marine trade. Their business depends heavily on export demand, especially from markets like the US, Europe, and Asia.

In today’s session, these companies witnessed strong buying interest as their shares surged, following positive sector developments. The rally was driven by robust growth in India’s marine exports and rising demand from newer international markets, boosting overall investor sentiment.

Stock movements 

With a market capitalisation of Rs. 1,468 cr, the shares of Apex Frozen Foods Ltd were trading at Rs. 470.05 per share, jumping 14% in today’s market session, making a high of Rs. 488.95, up from its previous close of Rs. 430.30 per share. 

With a market capitalisation of Rs. 20,013 cr, the shares of Avanti Feeds Ltd were trading at Rs. 1468.95 per share, jumping 11% in today’s market session, making a high of Rs. 1544.50, up from its previous close of Rs. 1392 per share. 

With a market capitalisation of Rs. 355 cr, the shares of Coastal Corporation Ltd were trading at Rs. 53.07 per share, jumping 8% in today’s market session, making a high of Rs. 54.80, up from its previous close of Rs. 50.54 per share. 

What’s the News

India’s marine products exports reached a record $8.43 billion in the last fiscal, registering a strong 14% year-on-year growth, despite facing challenges in its largest market, the United States. The rise came even as higher US tariffs initially put pressure on shipments, highlighting the sector’s resilience.

The key driver behind this growth was diversification into new markets. Exports to regions such as Europe, China, Vietnam, and Russia saw a sharp increase, helping offset the slowdown in the US. This shift reduced dependency on a single geography and supported overall export momentum.

India’s seafood exports are largely dominated by frozen shrimp, particularly the popular Vannamei shrimp, which continues to be the biggest contributor in terms of value. In FY25, total exports stood at $7.45 billion, with the US accounting for about 35% share ($2.8 billion), making it the single largest destination despite recent headwinds.

Overall, the strong performance reflects how Indian exporters have adapted quickly to global trade challenges, tapped new demand centers, and sustained growth even in a difficult external environment.

About the companies 

Apex Frozen Foods is an Indian company engaged in the processing and export of aquaculture products, mainly ready-to-cook shrimp. It operates integrated facilities for farming, processing, and exporting, with a strong focus on markets like the US and Europe. The company benefits from rising global seafood demand, especially for value-added shrimp products.

Avanti Feeds is one of India’s leading players in the aquaculture sector, primarily producing shrimp feed and exporting processed shrimp. It has a strong presence in the domestic shrimp farming ecosystem and also exports to key global markets. The company is known for its consistent growth, strong margins, and leadership in shrimp feed.

Coastal Corporation is involved in the processing and export of seafood products, particularly shrimp, to countries like the US, Europe, and Asia. It focuses on high-quality processing and has expanded into value-added products to improve margins. The company benefits from increasing global demand and diversification into newer export markets.

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