India-US Trade Deal: Apex Frozen and Avanti Feeds Share Price Hit 20% Upper Circuit After US Tariff Relief

Apex Frozen Foods and Avanti Feeds both surged to the 20% upper circuit in opening trade on Tuesday following an announcement of reduced US tariffs on Indian shrimp exports. 

Apex Frozen and Avanti Feeds Reach Upper Circuit Limits 

Apex Frozen Foods touched the maximum 20% upper limit at ₹352.20, its highest level since September 2022. Avanti Feeds hit the upper circuit at ₹960, establishing a fresh all time high. Both companies are key players in the Indian shrimp processing and export market. 

US Tariff Reduction Details 

The US President announced a trade deal that lowers the reciprocal tariff on Indian goods from 25% to 18%. The reduction directly affects shrimp exports, which had previously faced higher duties in the United States. 

Trading Activity on Tuesday 

At 9:22 AM, Apex Frozen Foods traded with a gain of 17% at ₹342, with brisk trades of nearly 10,00,000 shares in the first 7 minutes. Avanti Feeds rose 18% to ₹940, with over 9,00,000 shares changing hands on the NSE. The NSE Nifty 50 climbed more than 3% or 760 points to 25,850. 

Read More: India-US Trade Deal: These Stocks and Sectors are Set to Reap Benefits from Reduced Tariffs! 

Impact of Recent EU India Trade Agreement 

Last week both companies benefited from the India‑EU free trade agreement, which recorded trade of $136.5 billion in the financial year ended March 2025. The agreement is expected to provide additional market access for Indian shrimp exporters. 

Conclusion 

The combined effect of the US tariff reduction and the EU trade agreement triggered strong buying in Apex Frozen Foods and Avanti Feeds, leading both stocks to hit the 20% upper circuit and push the broader market higher. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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