This multi -bagger small cap stock gave 46% returns in just 6 days.

This multi -bagger small cap stock gave 46% returns in just 6 days.

Avanti feeds, which exported shrimp feed and exported shrimp, increased by 3 percent to 3 percent on Wednesday on Wednesday. With today’s growth, the stock has increased to 46% from April 7 in six trading sessions. The company’s stock rose 62.3 percent in the year 2024 and 9 percent in FY 2023.

What is the reason for Avanti feed stock rally?

This amazing rally was held in the share price of Avanti feed in response to the decision of US President Trump to prevent the implementation of tariffs, a 26% change on Indian exports for 90 days. It provides less relief to the Indian aquaculture industry, which is very much dependent on exports. India leads to shrimp exports for America. In 2024, shrimp exports to the US reached around 240,871 MT. In the financial year 2023-24, India exported $ 2.7 billion to the US.

43 % America ..

The US is 43% of all shrimp exports from India in 2024. America remains the largest export market in India. China and Vietnam had an account of 21% and 7% respectively. Following the announcement of Donald Trump of a small interval in mutual tariffs, Indian shrimp exporters are now preparing to transport 40,000 metric tons to the US in the 90 -day window.



Except China

The US is continuing temporary relief on all countries except China, preparing for the trade war with the US. Currently, the US has a customs of 17.7 percent, including 5.7 percent counters on Indian shrimp exports and 1.8 percent anti -dumping duty. Industry sources have noticed that Indian exporters often work under the distribution duty-paying system. This means that pre -contracted exports in the proposed high tariffs face significant costs.

Aquaculture is the key to Indian economy

Aquaculture is an important sector in the Indian economy. Not only does it contribute to food security and provides large -goal employment in coastal areas. Creating valuable foreign currency for the country. In the late 1980s and early 1990s, the Government of India promoted shrimp farming as part of the “Blue Revolution”. Since then, shrimp cultivation has increased in broad coastal areas of India.


Reference, The opinion and recommendations of this article are individual analysts. These are HT Telugu Do not represent opinion. We recommend investors to check certified professionals before taking any investment decisions.


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