Seafood stocks make a splash as cargoes skirt Hormuz route

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At a time when geopolitical tensions and trade disruptions have pushed investors away from export-focused sectors, seafood exporters are tiptoeing in as a pocket of resilience on Dalal Street. Even as fears around the choked Strait of Hormuz amid the West Asia war weighed on broader export plays, investors bet that the sector’s limited exposure to the Gulf and diversified global demand could help cushion the impact of higher logistics and energy costs. The numbers are telling. Stocks such as Apex Frozen Foods, which has surged nearly 62% year-to-date, Avanti Feeds, up 65.6%, Coastal Corporation, up 32%, and Essex Marine,…

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