apex frozen foods

Export-oriented shrimp, textiles stocks slide up to 12% after Trump’s 50% tariff takes effect

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Export-oriented shrimp, textiles stocks slide up to 12% after Trump’s 50% tariff takes effect

Shares of shrimp and textile exporters sank as much as 12% on Thursday after U.S. President Donald Trump’s 50% tariff on Indian imports came into force, eroding competitiveness and triggering a broad selloff in some of India’s most export-dependent companies. Shares of India’s leading shrimp exporters fell, with Avanti Feeds down 4% to Rs 614.05, … Read more

Avanti Feeds, Apex Frozen Foods shares tumble up to 18% after Trump’s reciprocal tariffs

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Avanti Feeds, Apex Frozen Foods shares tumble up to 18% after Trump’s reciprocal tariffs

Shares of shrimp feed companies Avanti Feeds and Apex Frozen Foods skidded up to 18% on Thursday, after U.S. President Donald Trump announced reciprocal tariffs on as many as 60 countries, including a sweeping 26% tariff on Indian imports. Avanti Feeds slumped 18.3% to Rs 727, while Apex Frozen Foods dropped as much as 7.7% … Read more