COASTCORP
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- 6M
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Recent events
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News
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Corporate Actions
Coastal Corporation Says Unit Commenced Commercial Production Of Ethanol
May 19 (Reuters) - Coastal Corporation Ltd COAS.NS:
COMMERCIAL PRODUCTION OF ETHANOL PROJECT BY UNIT COMMENCED
Source text: ID:nBSE2SvNpr
Further company coverage: COAS.NS
(([email protected];))
May 19 (Reuters) - Coastal Corporation Ltd COAS.NS:
COMMERCIAL PRODUCTION OF ETHANOL PROJECT BY UNIT COMMENCED
Source text: ID:nBSE2SvNpr
Further company coverage: COAS.NS
(([email protected];))
Coastal Corporation Says Unit Coastal Biotech Expects Increased Ethanol Demand Due To Policy Shift
April 17 (Reuters) - Coastal Corporation Ltd COAS.NS:
UNIT COASTAL BIOTECH EXPECTS INCREASED ETHANOL DEMAND DUE TO POLICY SHIFT
Source text: ID:nNSE99Xfk3
Further company coverage: COAS.NS
(([email protected];;))
April 17 (Reuters) - Coastal Corporation Ltd COAS.NS:
UNIT COASTAL BIOTECH EXPECTS INCREASED ETHANOL DEMAND DUE TO POLICY SHIFT
Source text: ID:nNSE99Xfk3
Further company coverage: COAS.NS
(([email protected];;))
Indian shrimp exporters jump on US tariff pause
** Shares of shrimp exporters Apex Frozen Foods APEX.NS, Avanti Feeds AVNT.NS Costal Corporation COAS.NS rise 5.2, 6.7% and 7.3% respectively
** U.S. President Donald Trump announced a 90-day pause on reciprocal tariffs on Wednesday
** The three stocks had declined 6.9%, 14.8%, 13.9% up to Wednesday since Trump announced tariffs on April 2
** U.S. bought Indian seafood worth $2.55 billion in FY24, which mostly comprised of shrimp
** An unnamed government official told Reuters Thursday the tariff pause is especially a relief for shrimp exporters, citing an industry that faced a tariff disadvantage compared to competitors like Ecuador
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of shrimp exporters Apex Frozen Foods APEX.NS, Avanti Feeds AVNT.NS Costal Corporation COAS.NS rise 5.2, 6.7% and 7.3% respectively
** U.S. President Donald Trump announced a 90-day pause on reciprocal tariffs on Wednesday
** The three stocks had declined 6.9%, 14.8%, 13.9% up to Wednesday since Trump announced tariffs on April 2
** U.S. bought Indian seafood worth $2.55 billion in FY24, which mostly comprised of shrimp
** An unnamed government official told Reuters Thursday the tariff pause is especially a relief for shrimp exporters, citing an industry that faced a tariff disadvantage compared to competitors like Ecuador
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
Coastal Corporation Says U.S. Buyers Willing To Absorb Increased Cost Of Indian Shrimp
April 9 (Reuters) - Coastal Corporation Ltd COAS.NS:
COASTAL CORPORATION LTD - U.S. BUYERS WILLING TO ABSORB INCREASED COST OF INDIAN SHRIMP
COASTAL CORPORATION LTD - FOCUSES ON JAPAN AND SOUTH KOREA FOR EXPORT DIVERSIFICATION
COASTAL CORPORATION LTD - EXPLORING EXPORT OPPORTUNITIES IN CHINA, RUSSIA, AND CANADA
Source text: ID:nNSE7FF1n7
Further company coverage: COAS.NS
(([email protected];;))
April 9 (Reuters) - Coastal Corporation Ltd COAS.NS:
COASTAL CORPORATION LTD - U.S. BUYERS WILLING TO ABSORB INCREASED COST OF INDIAN SHRIMP
COASTAL CORPORATION LTD - FOCUSES ON JAPAN AND SOUTH KOREA FOR EXPORT DIVERSIFICATION
COASTAL CORPORATION LTD - EXPLORING EXPORT OPPORTUNITIES IN CHINA, RUSSIA, AND CANADA
Source text: ID:nNSE7FF1n7
Further company coverage: COAS.NS
(([email protected];;))
India's fisheries stocks rise as budget pledges framework for sustainable fishing
** Shares of India's Apex Frozen APEX.NS, Zeal Aqua ZEAQ.BO, Coastal Corporation COAS.NS and Kings Infra Ventures KIVL.BO up between 4.4% and 9.3%
** India will introduce framework for sustainable harness of fisheries in the exclusive economic zone, Finance Minister Nirmala Sitharaman says in union budget
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of India's Apex Frozen APEX.NS, Zeal Aqua ZEAQ.BO, Coastal Corporation COAS.NS and Kings Infra Ventures KIVL.BO up between 4.4% and 9.3%
** India will introduce framework for sustainable harness of fisheries in the exclusive economic zone, Finance Minister Nirmala Sitharaman says in union budget
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Coastal Corporation Approves Subdivision Of Shares In 1:5 Ratio
Dec 23 (Reuters) - Coastal Corporation Ltd COAS.NS:
COASTAL CORPORATION - APPROVED SUBDIVISION OF SHARES IN 1:5 RATIO
Source text: ID:nNSEc1315c
Further company coverage: COAS.NS
(([email protected];;))
Dec 23 (Reuters) - Coastal Corporation Ltd COAS.NS:
COASTAL CORPORATION - APPROVED SUBDIVISION OF SHARES IN 1:5 RATIO
Source text: ID:nNSEc1315c
Further company coverage: COAS.NS
(([email protected];;))
Coastal Corporation To Consider Share Split
Dec 18 (Reuters) - Coastal Corporation Ltd COAS.NS:
TO CONSIDER SHARE SPLIT
Source text: ID:nBSEbl6g5l
Further company coverage: COAS.NS
(([email protected];;))
Dec 18 (Reuters) - Coastal Corporation Ltd COAS.NS:
TO CONSIDER SHARE SPLIT
Source text: ID:nBSEbl6g5l
Further company coverage: COAS.NS
(([email protected];;))
Coastal Corporation - Dividend 1.2 Rupees Per Share
Coastal Corporation Ltd COAS.NS:
COASTAL CORPORATION - DIVIDEND 1.2 RUPEES PER SHARE
Source text for Eikon: ID:nBSE5frLhV
Further company coverage: COAS.NS
Coastal Corporation Ltd COAS.NS:
COASTAL CORPORATION - DIVIDEND 1.2 RUPEES PER SHARE
Source text for Eikon: ID:nBSE5frLhV
Further company coverage: COAS.NS
Indian fisheries stocks jump after budget pledges financial support
** Avanti Feeds AVNT.NS, Coastal Corp COAS.NS and Apex Frozen APEX.NS gain between 2.7%-4%
** Financial support to set up nucleus breeding centres for financing and export will be facilitated, Finance Minister Nirmala Sitharaman says in 2024/25 union budget
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Avanti Feeds AVNT.NS, Coastal Corp COAS.NS and Apex Frozen APEX.NS gain between 2.7%-4%
** Financial support to set up nucleus breeding centres for financing and export will be facilitated, Finance Minister Nirmala Sitharaman says in 2024/25 union budget
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Indian fisheries stocks jump as govt doubles export target in budget
** Shares of India's fisheries stocks up between 5% and 8%
** Avanti Feeds AVNT.NS leads gains with 7.5% rise; BKV Industries BKVI.BO hits upper circuit of 5%
** India Finance Minister Nirmala Sitharaman in budget speech says government targets doublng seafood exports to 1 trillion rupees ($12.05 bln)
** Apex Frozen Foods APEX.NS rises 6%; Coastal Corporation COAS.NS shares up 8%
** BKVI rose 25% in Jan, highest among fisheries stocks; APEX rose least, gaining 13%
($1 = 82.9900 Indian rupees)
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of India's fisheries stocks up between 5% and 8%
** Avanti Feeds AVNT.NS leads gains with 7.5% rise; BKV Industries BKVI.BO hits upper circuit of 5%
** India Finance Minister Nirmala Sitharaman in budget speech says government targets doublng seafood exports to 1 trillion rupees ($12.05 bln)
** Apex Frozen Foods APEX.NS rises 6%; Coastal Corporation COAS.NS shares up 8%
** BKVI rose 25% in Jan, highest among fisheries stocks; APEX rose least, gaining 13%
($1 = 82.9900 Indian rupees)
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
Coastal Corporation Dividend 1.35 Rupees Per Share
May 30 (Reuters) - Coastal Corporation Ltd COAS.NS:
COASTAL CORPORATION LTD - DIVIDEND 1.35 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: COAS.NS
(([email protected];))
May 30 (Reuters) - Coastal Corporation Ltd COAS.NS:
COASTAL CORPORATION LTD - DIVIDEND 1.35 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: COAS.NS
(([email protected];))
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Popular questions
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What does Coastal Corporation do?
Coastal Corporation, based in Visakhapatnam, is a leading 100% EOU engaged in processing and exporting shrimps in various forms to the US markets.
Who are the competitors of Coastal Corporation?
Coastal Corporation major competitors are Waterbase, Zeal Aqua, Sharat Industries, Avanti Feeds, KSE, Godrej Agrovet, Godrej Industries. Market Cap of Coastal Corporation is ₹259 Crs. While the median market cap of its peers are ₹771 Crs.
Is Coastal Corporation financially stable compared to its competitors?
Coastal Corporation seems to be less financially stable compared to its competitors. Altman Z score of Coastal Corporation is 1.82 and is ranked 7 out of its 8 competitors.
Does Coastal Corporation pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Coastal Corporation latest dividend payout ratio is 35.73% and 3yr average dividend payout ratio is 26.31%
How has Coastal Corporation allocated its funds?
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress
How strong is Coastal Corporation balance sheet?
Balance sheet of Coastal Corporation is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Coastal Corporation improving?
No, profit is decreasing. The profit of Coastal Corporation is ₹4.48 Crs for TTM, ₹4.52 Crs for Mar 2024 and ₹6.7 Crs for Mar 2023.
Is the debt of Coastal Corporation increasing or decreasing?
Yes, The net debt of Coastal Corporation is increasing. Latest net debt of Coastal Corporation is ₹360 Crs as of Mar-25. This is greater than Mar-24 when it was ₹245 Crs.
Is Coastal Corporation stock expensive?
Coastal Corporation is not expensive. Latest PE of Coastal Corporation is 57.74, while 3 year average PE is 74.19. Also latest EV/EBITDA of Coastal Corporation is 20.28 while 3yr average is 24.06.
Has the share price of Coastal Corporation grown faster than its competition?
Coastal Corporation has given lower returns compared to its competitors. Coastal Corporation has grown at ~-1.49% over the last 5yrs while peers have grown at a median rate of 11.58%
Is the promoter bullish about Coastal Corporation?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Coastal Corporation is 42.21% and last quarter promoter holding is 42.21%.
Are mutual funds buying/selling Coastal Corporation?
There is Insufficient data to gauge this.