Coastal Corporation Limited (COASTCORP.BO)
Coastal Corporation Limited operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Visakhapatnam, AP, IN. The stock last traded at $41.53, down 0.24% on the session, giving a market capitalisation of $2.78B. Its beta of 0.34 implies it has historically moved less than the broad market.
Coastal Corporation Limited, an Indian enterprise founded in 1981 and situated in Visakhapatnam, is a comprehensive player in the seafood industry. The company's operations cover the full spectrum of activities from processing and production to the distribution of various marine products throughout India. Its primary offerings include a diverse range of shrimp species, sourced from both wild catches and controlled aquaculture environments, such as sea tiger, whites, pink-brown, vannamei, and black tiger varieties. Furthermore, Coastal Corporation provides an array of value-added seafood items, all marketed under its proprietary brands: Coastal, Coastal Premium, Coastal Gold, Jewel, and President. A substantial part of its business involves exporting these products to a wide array of international markets, including the United States, Europe, Canada, the United Arab Emirates, Saudi Arabia, Australia, Hong Kong, Japan, Korea, China, and Russia.
Coastal Corporation Limited is most often compared with the following Consumer Defensive names: