This Aquaculture and Infrastructure Expands Presence in European Seafood Markets, Stock Gains 400 per cent!

The shares of the company have delivered a return of around 400 per cent to its shareholders in just 3 years only.

Kings Infra, a prominent player in India's seafood industry, is intensifying its efforts to strengthen its foothold in European markets. With a longstanding history of exporting shrimps and cephalopods to Europe, the company recently made significant strides during Seafood Expo 2024 in Barcelona. At the event, Shri Shaji Baby John, CMD of Kings Infra, engaged with key importers and distributors across Spain, Italy, France, Portugal, and other European nations.

The discussions highlighted challenges faced in 2023, particularly delays due to the Red Sea crisis, which led to a decline in Indian seafood imports to the EU. To address these issues, strategies were devised to enhance communication and establish robust representation in Europe. This initiative aims to foster continuous engagement with stakeholders, ensuring smoother operations and effective market penetration.

As part of their expansion strategy, Kings Infra has enlisted the expertise of Mr. Jesus Vicente Piero Sos, a seasoned professional in strategic business development for agricultural commodities in Europe. His role will involve devising tailored strategies to introduce new products like Head on Shell on, Vannamei, and Black Tiger shrimps to European consumers.

European markets are known for stringent import regulations, especially concerning residual antibiotics and heavy metals in seafood products. Kings Infra ensures compliance with these standards through their SISTA360 Protocols, emphasizing sustainability and traceability across their aquafarms and production facilities. In a strategic move, Kings Infra has dedicated a production line at its Tuticorin factory exclusively for European markets. This focused approach aims to enhance product quality and cater more effectively to the discerning European consumer base, thereby maximizing value for their offerings.

Mr. Jesus Vicente Piero Sos has been appointed as Business Development Advisor, International Markets, based in Spain, to spearhead Kings Infra's seafood business expansion across Spain, Italy, France, Portugal, and beyond. This appointment underscores the company's commitment to strengthening its presence and increasing market share in Europe's competitive seafood industry.

Today Kings Infra shares are trading at around Rs 165.95 per share on the BSE representing a gain of 3.91 per cent. Additionally, the stock has generated a multibagger return of around 400 per cent in just 3 years only.

Investors must keep this Small-Cap stock on their radar.

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