Peeled shrimp is displayed for sale at the seafood counter (Photographer: Luke Sharrett/Bloomberg)  

Apex Frozen Says China Foray On The Cards As Stock Continues Surge

Shares of Apex Frozen Foods Ltd. have been on a tear ever since they got listed in January of this year. The stock has nearly risen over four-fold from its issue price.

It has been hitting consistently hitting upper circuit for all this and better part of last month.

Speaking to BloombergQuint, Executive Director Karuturi Subrahmanya Chowdary said the shrimp exporter plans to tap high value markets like China and Southeast Asia going forward. He said the company also plans to foray in ready-to-eat business next year.

You can watch the full interview here:

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