India-US trade pact sparks rally in marine stocks; Avanti Feeds, Apex Frozen jump up to 20%India-US trade pact sparks rally in marine stocks; Avanti Feeds, Apex Frozen jump up to 20%

Introduction

Leading fisheries and shrimp exporting companies rose sharply after India and the US signed a trade deal, aiming to reduce tariffs and improve competitiveness of Indian exports.

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Fisheries Stocks Rally After Deal

Tuesday saw a strong rally in fisheries and allied companies after India and the US signed a trade deal, boosting confidence among investors in seafood exporters to the US market.

India remains the largest supplier of fisheries and allied products to the US, with exports valued at $2.5 billion. The trade agreement is expected to improve competitiveness for these exporters.

Previously, high tariffs in the US put pressure on exporters’ revenue and profit margins, making Indian seafood costlier and less competitive compared to other international suppliers.

Despite these challenges, companies continued posting strong growth. Avanti Feeds reported 18% year-on-year revenue growth in Q2FY26, while Apex Frozen Foods achieved nearly 20% growth for the same period.

Revenue growth was supported by diversification into new markets and geographic expansion. Robust global demand for shrimp also helped sustain earnings across companies throughout the year.

The central government introduced a five-year export promotion scheme with a ₹25,000 crore outlay to support exporters and help them overcome tariff-related challenges in international markets.

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Fisheries and Allied Stocks in Focus

Avanti Feeds

On February 3, 2026, Avanti Feeds Ltd opened at ₹931.40, up 16.33% from its previous close of ₹800.70. The stock reached a high of ₹960.80 (19.94%) and a low of ₹905.05. By 11:06 AM, it traded at ₹914.00, a 14.15% increase, with a market cap of ₹12,452.85 crore.

Apex Frozen Foods

On February 3, 2026, Apex Frozen Foods Ltd opened at ₹351.10, up 20.03% from its previous close of ₹292.60. The stock reached a high of ₹351.10 (20.03%) and a low of ₹328.55. By 11:06 AM, it traded at ₹335.40, a 14.63% increase, with a market cap of ₹1,048.13 crore.

Mukka Protein

On February 3, 2026, Mukka Proteins Ltd opened at ₹24.00, up 4.53% from its previous close of ₹22.95. The stock reached a high of ₹24.63 (7.30%) and a low of ₹23.92. By 11:07 AM, it traded at ₹24.15, a 5.23% increase, with a market cap of ₹724.50 crore.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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