Seafood stocks saw a dip after a rally, despite a positive medium-term outlook from the India-US trade deal expected to boost marine exports. Investors remain cautious due to near-term margin pressures and intense competition. The deal’s success hinges on ongoing negotiations and the US tariff stance for other exporters, crucial as the US is India’s largest market.
HFCL shares slip 10% in two sessions after sharp 165% rally in 2026
HFCL shares have corrected about 10% in two sessions after a sharp 165% rally in 2026, driven largely by profit booking. Despite strong fundamentals, rising