Indian fisheries stocks jump as govt doubles export target in budget

Coastal

01/02/2024 06:24

** Shares of India's fisheries stocks up between 5% and 8%
    ** Avanti Feeds  AVNT.NS  leads gains with 7.5% rise; BKV
Industries  BKVI.BO  hits upper circuit of 5%
    ** India Finance Minister Nirmala Sitharaman in budget
speech says government targets doublng seafood exports to 1
trillion rupees ($12.05 bln)
    ** Apex Frozen Foods  APEX.NS  rises 6%; Coastal Corporation
 COAS.NS  shares up 8%
    ** BKVI rose 25% in Jan, highest among fisheries stocks;
APEX rose least, gaining 13%

($1 = 82.9900 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))