Shrimp stocks jump up to 17% after EU Union approves exports to its member countriesShrimp stocks jump up to 17% after EU Union approves exports to its member countries

Introduction

Leading seafood exporters in India are set to benefit as the European Union approves 102 additional fishery establishments. This move is expected to boost shipments of shrimp and cephalopods to EU markets.

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EU Approves 102 New Indian Fishery Units

The European Union has added 102 Indian fishery establishments to its approved export list. This includes units exporting aquaculture shrimp and cephalopods such as squid, cuttlefish, and octopus.

The approval followed meetings between Union Minister Piyush Goyal, Department of Commerce officials, and EU representatives. The EU cited confidence in India’s food safety and Export Inspection Council control mechanisms.

With this inclusion, Indian seafood exporters can increase shipments to the EU. The move is expected to raise export volumes, support employment in coastal states, and generate additional foreign exchange earnings.

Following the EU approval, shares of leading seafood exporters surged on September 10. Avanti Feeds, Apex Frozen Foods, and Waterbase Ltd rose up to 17%, reflecting investor optimism over higher export opportunities to EU markets.

Avanti Feeds

On September 10, 2025, Avanti Feeds Ltd opened at ₹705.00, up from its previous close of ₹659.20. The stock reached a high of ₹767.45 and a low of ₹704.90. By 2:54 PM, it traded at ₹762.00, a 15.59% increase, with a market cap of ₹10,381.92 crore.

Avanti Feeds Ltd (NSE: AVANTIFEED) is a leading aquaculture company specializing in shrimp feed, shrimp processing and export, hatchery operations, and pet care through its subsidiary Avanti Pet Care Private Limited.

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Apex Frozen Foods

On September 10, 2025, Apex Frozen Foods Ltd opened at ₹244.70, up from its previous close of ₹218.95. The stock reached a high of ₹262.70 and a low of ₹239.80. By 2:57 PM, it traded at ₹257.60, a 17.65% increase, with a market cap of ₹805.00 crore.

Apex Frozen Foods Ltd (NSE: APEX), incorporated in 1995, processes and exports frozen shrimp, supplies shrimp seeds to farmers, and serves HORECA and retail markets in the USA, EU, and China.

Waterbase Ltd

On September 10, 2025, Waterbase Ltd opened at ₹52.20, up from its previous close of ₹48.88. The stock reached a high of ₹55.00 and a low of ₹51.15. By 2:58 PM, it traded at ₹52.52, a 7.45% increase, with a market cap of ₹217.57 crore.

Waterbase Ltd (NSE: WATERBASE), incorporated in 1993, manufactures and exports shrimp feed, prawn feed, and processing machinery, operates shrimp hatcheries, and exports processed shrimp to Japan, Europe, and the United States.

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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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