Shares of Avanti Feeds Ltd fell 2.47% to ₹624.15 in Thursday’s trading session, extending losses after the United States imposed steep tariffs on Indian imports, including frozen shrimp — a key export item for the company.
The sell-off follows U.S. President Donald Trump’s decision to impose an additional 25% tariff from August 27, taking total duties on Indian exports to nearly 50%. With Indian markets shut for Ganesh Chaturthi on August 27, the impact was fully visible on August 28.
Stock snapshot (Aug 28 session):
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Current Price: ₹624.15 (down 2.47%)
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Previous Close: ₹639.95
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Day Range: ₹614.25 – ₹632.55
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Market Cap: ₹85.18B
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P/E Ratio: 14.71
Why Avanti Feeds is under pressure
Avanti Feeds is among the largest shrimp feed companies in India and derives a significant share of its revenue from exports to the U.S. According to the Marine Products Export Development Authority (MPEDA), the U.S. remained the top importer of Indian frozen shrimp in FY25, accounting for US$ 2.71 billion worth of purchases. Within this, frozen shrimp made up 92.55% of exports by value.
For Avanti Feeds, the U.S. market is especially crucial — the company generated 77% of its total revenue from North America in the January–March quarter of FY25. With tariffs now at 50%, Indian shrimp exports risk losing competitiveness against peers from Bangladesh (20% duty), Vietnam (20%), and Ecuador (18.8%), making margin pressure a key concern.
Market experts, however, expect that while near-term volatility is likely, trade negotiations between India and the U.S. may eventually ease the burden.
