Nigeria, Sept. 22 -- Shrimp stocks like Avanti Feeds and Apex Frozen fell up to 3% after US Senators proposed the India Shrimp Tariff Act, which seeks phased tariffs to protect Louisiana's seafood industry from cheap Indian imports.

Avanti Feeds Ltd Avanti Feeds Limited, established in 1993 and headquartered in Hyderabad, is one of India's leading aquaculture companies. Specializing in the production of shrimp and fish feeds, the company operates a vertically integrated model encompassing hatcheries, farms, feed manufacturing, and processing units.

With market capitalization of Rs. 9,725 cr, the shares of Avanti Feeds Ltd are currently trading at Rs. 713 per share, declining by 3% in today's market session making a low of Rs. 712.05, f...