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501831 Coastal News Story

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Indian seafood exporting firms rise after India-EU trade deal

** Shares of Indian seafood exporters rise after India and EU sign trade deal

** EU will cut tariffs on 99.5% goods traded over seven years, with tariffs to be cut to zero on Indian marine goods

** Apex Frozen APEX.NS leads the pack, jumps 14%

** Avanti Feeds AVNT.NS up nearly 2% and Coastal Corporation COAS.NS gains 3%

** Indian seafood exporting firms have been hit by higher tariffs from the U.S. since last year; U.S. is the biggest market for India's shrimp farmers and exporters

** YTD, AVNT is down 8%, APEX up 6.7%, COAS down 7.7%

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com))

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