16-Year Breakout Stock: Missed Rally in Avanti Feeds? This Shrimp Stock Nears a 16-Year Breakout

The Indian market has been trading in the red on Thursday, February 12, 2026. The Sensex is down by over half a per cent below the 84,000 mark, while Nifty has slipped below the 25,900 mark. Selling pressure in the broader market is more intense as the Nifty Mid-Cap and Small-Cap 100 index has gone down by 0.66 and 0.83 per cent, respectively.

Amid this weakness, small-cap shrimp stock Apex Frozen Foods has surged over 15 per cent to hit a fresh 52-week high on Thursday, February 12, 2026.

Apex Frozen Foods is one of India's leading processors and exporters of processed shrimp. The company has strategically expanded its presence across key parts of the shrimp value chain. It supplies ready-to-cook and ready-to-eat processed shrimp (mainly L.Vannamei) to a diversified customer base, including foodservice companies, retail chains, restaurants, club stores and distributors across the key markets such as the USA, UK, Europe, among others. The company's products are marketed under both customer-owned brands and its own brands.

Why Apex Frozen Foods’ Share Price is Rallying?

The key catalyst behind the surge in Apex Frozen Foods’ share price is Q3FY26 performance. The company reported a 14.55% YoY rise in its revenue from operations for Q3FY26 to Rs 264.29 crore. It also posted a turnaround, reporting a net profit of Rs 10.09 crore, compared with a loss of Rs 22 lakh in Q3FY25. But the story does not end here; there’s more to it. Let’s take a look.  

Technical Outlook of Apex Frozen Foods: Breakout from 16-Year Consolidation

Technically, Apex Frozen Foods’ share price is on the verge of a potential breakout from a consolidation that has lasted over 16 years. On the monthly chart, the stock has moved in a broad range for over 16 years, with the upper resistance placed around Rs 443-445, and it is currently trading near this zone. Once the stock manages to sustain above Rs 445, it would result in a breakout of 16 years long consolidation.

On the monthly time frame, the 14-period RSI has crossed above the 60-mark for the first time and continues to trend higher. The monthly MACD is also pointing northward and holding above its nine-period average thus validates positive bias in the stock. On trend strength, the +DMI is above 30 and positioned above both ADX and -DMI.  level and is in a rising trajectory, and it is above the ADX and DMI. The daily and weekly charts also show price action and indicators broadly in line with this improving setup. After the Q3FY26 results, sentiment has strengthened, and the stock has attracted fresh interest, which is reflected in these technical readings.

Key Tailwinds for Shrimp Stocks: India-US Trade Deal Moves from Overhang to Clarity

In a recent development, India and the US announced an interim trade framework under which the US will apply an 18 per cent reciprocal tariff, replacing earlier tariff levels that had gone as high as 50 per cent. Negotiations have been underway since 2025, and the interim framework has eased some of the uncertainty for export-facing sectors.  This matters for shrimp stocks because the US accounts for roughly 48 per cent of India’s shrimp export value, and higher duties have weighed on exports in the last couple of months. As of FY25, Apex Frozen Foods’ export mix shows the US stood at 53 per cent, underlining how important the market is for the company.

Budget 2026 Support for Seafood Exports

In addition to the US tariff relaxation, Budget 2026 has introduced measures to support export-oriented growth by improving the competitiveness of seafood processing. 2026 introduces measures aimed at improving the competitiveness of seafood processing. The value limit for duty-free imports of specified inputs used in processing seafood products for export has been increased from 1 per cent to 3 per cent of the FOB value of seafood exports in the previous year. This is expected to lower input costs for processing units and improve the efficiency and competitiveness of India’s seafood exports.

Apex Frozen Foods’ Share Price Performance

On a YTD basis, Apex Frozen Foods’ share price is down 1.64 per cent, while over the last year the stock has rallied over 100 per cent, delivering multibagger returns for shareholders.  In February so far, the stock is up 47 per cent, but it has relatively underperformed its peer Avanti Feeds, which has rallied nearly 70 per cent, during the same period.

In conclusion, given these developments, this small-cap shrimp stock is one to watch. Its next move will likely hinge on earnings follow-through and how the broader sector shapes up.

Disclaimer: The article is for informational purposes only and not investment advice.