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Union Budget 2024: Shares of shrimp products makers in heavy demand
Updated On: 23 July, 2024 01:50 PM IST | Mumbai | mid-day online correspondent
The stock of Zeal Aqua jumped to 9.27 per cent, Kings Infra Ventures surged 8.15 per cent, Coastal Corp climbed 7.55 per cent, Apex Frozen Foods zoomed 7.51 per cent and Waterbase jumped 5.51 per cent on the BSE
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After Finance Minister Nirmala Sitharaman said the government will provide finance for shrimp farming and marketing, shares of producers and exporters of seafood products` firms soared high on Tuesday.
The stock of Zeal Aqua jumped to 9.27 per cent, Kings Infra Ventures surged 8.15 per cent, Coastal Corp climbed 7.55 per cent, Apex Frozen Foods zoomed 7.51 per cent and Waterbase jumped 5.51 per cent on the BSE.Presenting the Union Budget for 2024-25, the finance minister announced a reduction in basic customs duty on shrimp to 5 per cent.
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