Written by Shares of Avanti Feeds Ltd declined sharply by 6.62% following the United States’ announcement of a 25% tariff on Indian shrimp exports, a move that has raised significant concerns for the seafood exporter. With 77% of Avanti’s revenue sourced from North America, the tariff decision poses a direct threat to its core business.
The stock hit an intraday low of ₹645, marking a 23.92% decline over the past three months. Although it managed a slight recovery to close at ₹678.1, it still ended the session down 1.9%, reflecting ongoing investor anxiety.
Despite the external headwinds, the company has projected a modest 2-3% revenue growth for the current fiscal year. However, analysts caution that export volumes may remain flat, given the impact of the tariff and potential demand-side pressures in the US market.
Industry experts believe the recent protectionist measure by the US could affect the entire Indian shrimp export sector, with Avanti Feeds among the most impacted due to its high exposure.
Market participants will be closely watching how the company navigates the policy challenge and whether it can mitigate the revenue risks through diversification or domestic market growth.