Shares of Indian shrimp feed and seafood exporters rose on Thursday, October 23, 2025, as optimism grew over a potential trade deal between India and the United States. Avanti Feeds Ltd. saw its shares trade 5% higher, while Apex Frozen Foods Ltd. jumped nearly 9%, reflecting strong market interest in seafood exports.
The renewed market activity comes amid reports that India and the US are close to finalising a long-stalled trade agreement. The proposed deal could reduce US tariffs on Indian imports from around 50% to 15-16%. The agreement is expected to focus on sectors such as energy and agriculture, with India potentially scaling back its purchases of Russian crude oil.
US President Donald Trump mentioned that his discussion with Prime Minister Narendra Modi largely centred on trade, including energy matters. While details of the talks were limited, reports suggest that a formal announcement of the bilateral trade agreement could be made at the ASEAN Summit later this month.
The United States is a major market for Indian seafood exporters. Avanti Feeds derived 77% of its overall revenue from the North American market as of the March quarter last year, while Apex Frozen Foods reported that 53% of its revenue came from the US. The US continues to be the largest market for Indian seafood, accounting for one-third of the country’s total seafood exports.
Government data shows that India exported 1,698,170 tonnes of seafood valued at ₹62,408.45 crore ($7.45 billion) in 2024-25, with exports to the US valued at $2.71 billion, up from $2.55 billion in 2023-24. The US is followed by China, the European Union, and Southeast Asia in terms of export value.
Indian seafood exporters have faced high tariffs on US-bound shipments, which include countervailing and anti-dumping duties. The total effective duties on seafood exports to the US have risen sharply to 59.71%, making trade less viable. The potential reduction in tariffs under the new trade deal is viewed as a significant positive for exporters.
As of October 23, 2025, 12:08 PM, Avanti Feeds share price was ₹724 on the NSE, up 4.66%, with a market capitalisation of ₹9,864 crore. The stock’s 52-week range is ₹542–965, P/E ratio is 17.0, book value is ₹206, dividend yield is 1.24%, ROCE is 24.0%, and ROE is 19.5%.
As of October 23, 2025, 12:09 PM, Apex Frozen Foods share price was ₹252, up 8.95%, with a market capitalisation of ₹788 crore. The stock’s 52-week range is ₹179–282, P/E ratio is 85.8, book value stands at ₹158, dividend yield is 0.81%, ROCE is 2.43%, and ROE is 0.76%.
Read More:Avanti Feeds Apex Frozen More Shares Gain On EU Export Expansion
The rising sentiment over a possible India-US trade agreement has positively impacted Indian seafood exporters, particularly Avanti Feeds and Apex Frozen Foods. With the US being a major market, any reduction in tariffs could enhance trade viability and influence the stock performance of these companies.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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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Published on: Oct 23, 2025, 12:33 PM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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