Accordingly, shares of Godrej Agrovet jumped 4%, while those of Avanti Feeds rose 3%. Waterbase and Apex Frozen Foods also gained 2% each.
As per media reports, India exported 2,78,60,983kg of shrimp to the US at $247.9mn in October 2018. Realizations rose 5% to $8.9/kg from $8.49/kg last month.
Further, the total shrimp exports increased 11.5% in terms of volume and 16.8% in terms of value compared to that in the last month.
In addition, shrimp prices in the international market have risen for second consecutive month.