Trump Tariffs Hit Indian Seafood Stocks: Avanti Feeds, Apex Frozen, Waterbase Slide

Shares of shrimp feed companies fell sharply on Thursday, August 28, after the Trump administration imposed an additional 25% tariff on Indian exports, pushing total tariffs to 50%. Companies like Avanti Feeds, Apex Frozen Foods, and Waterbase, which earn 50–60% of their revenue from the US, were hit the hardest.

This could also hurt India’s competitiveness against rivals like Ecuador.

Apex Frozen Foods Share Price Movement

On August 28, 2025, Apex Frozen Foods share price (NSE: APEX) was trading at ₹217.60, down 5.14% or ₹11.78. The stock opened at ₹222.10 and touched a low of ₹214.36 during the day. With a market capitalisation of ₹680 crore, the company holds a P/E ratio of 74.01. It does not offer a dividend yield. Over the past 52 weeks, the stock has recorded a high of ₹281.70 and a low of ₹186.55.

Avanti Feeds Share Price Performance

On August 28, 2025, Avanti Feeds share price (NSE: AVANTIFEED) was trading at ₹623.70, down 2.54% or ₹16.25. The stock opened at ₹629.05, touched a high of ₹632.55, and a low of ₹614.25 during the day. With a market capitalisation of ₹8,500 crore, the company has a P/E ratio of 14.68 and offers a dividend yield of 1.44%. Over the past 52 weeks, the stock has hit a high of ₹964.20 and a low of ₹541.50. The company also declared a quarterly dividend of ₹2.25 per share.

Broader Market Reaction to Tariffs

The Indian stock market also opened weak on Thursday as the higher tariffs dampened sentiment.

• Nifty 50 opened at 24,695.80, down 16.25 points (0.07%).
• Sensex started at 80,754.66, lower by 31.88 points (0.04%).

Also Read: Pidilite Share Price Rises as Board Approves 1:1 Bonus Issue, ₹10 Special Dividend!

Conclusion

The steep rise in US tariffs has put pressure on Indian shrimp exporters and their stocks, with Avanti Feeds and Apex Frozen leading the decline. While the near-term outlook looks weak due to tariff shocks and market pressure, long-term recovery will depend on global trade negotiations and government support measures.

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