India's shrimp stocks jump as Trump signals trade deal progress

Coastal

11/11/2025 07:43

**Shares of shrimp exporters Avanti Feeds AVNT.NS and Apex Frozen APEX.NS jump 6.1% and 9.2%, respectively

** Trump says U.S., India close to a trade deal

** U.S. accounted for 53% of APEX export sales in FY25; North America contributed to 65.4% of total sales for AVNT, as of Q1FY25

** Coastal Corporation COAS.NS falls about 2.5% after a nearly 9% jump in last two sessions

** Co received approval for exports to Russian markets on November 6

** YTD, AVNT up 8.2%, APEX down 4.3%, COAS declines 23%

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.kumar@thomsonreuters.com))