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Dredging Corporation of India Ltd share price logo

Dredging Corporation of India Ltd

(DREDGECORP)

₹859.92.77%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Dredging Corporation of India Ltd Performance

  • Day's Low

    Day's High

    ₹855
    Day's Price Range
    ₹900.05
  • 52 Week's Low

    52 Week's High

    ₹545.15
    52-Week Price Range
    ₹1,457.95
1 Month Return+ 9.77 %
3 Month Return-1.48 %
1 Year Return+ 57.72 %
Previous Close₹884.40
Open₹900.00
Volume12.99K
Upper Circuit-
Lower Circuit-
Market Cap₹2,499.56Cr

Dredging Corporation of India Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹2,499.56 Cr
P/B Ratio1.49
EPS0
Dividend Yield0
SectorMiscellaneous
ROE2.86

Dredging Corporation of India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹2,499.56 Cr33.17%0.63NANA
NA₹27.56 Cr219.47%0.55NA₹16 Cr
NA₹529.08 Cr183.7%0.54₹14 Cr₹100 Cr
NA₹84.64 Cr53.91%0.73-₹2 Cr₹90 Cr
NA₹883.42 Cr9.37%0.69₹49 Cr₹1,375 Cr

Dredging Corporation of India Ltd Mutual Fund Holdings

About Dredging Corporation of India Ltd

Dredging Corporation of India Ltd (DCIL) is a MiniRatna Public Sector Enterprise that specializes in dredging. It provides services such as maintenance dredging, capital dredging, beach nourishment, and land reclamation for Indian seaports, and also occasionally works at foreign seaports such as Taiwan and Dubai. The head office of DCIL is located in Visakhapatnam in the Andhra Pradesh while project offices are located at all Indian major ports. DCIL was incorporated in 1976 with the primary objective of catering to the dredging needs of the Indian ports and has since become an experienced player. The company has achieved financial autonomy as a MiniRatna Enterprise and is now able to take its own capital expenditure decisions, form joint ventures and technology alliances, and set up overseas offices. During its tenure, DCIL has successfully managed domestic and foreign contracts, such as a 10 million US dollar contract for Yanbu Port Management in Saudi Arabia, and dredging work in the Bay of Bengal area for the Sethusamudram Ship Channel Project.

Share Price: ₹859.90 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹2,499.56Cr as of today
Listing date: 15 Jan, 2004
Chairperson Name: Madhaiyaan Angamuthu
OrganisationDredging Corporation of India Ltd
Headquarters
IndustryMiscellaneous
E-voting on sharesClick here to vote

Key events for Dredging Corporation of India Ltd

  • Dredging Corporation Shows Modest Movements - 20 Dec, 2024

    Dredging Corporation opened at Rs 900.00, with a slight increase to Rs 900.05. Despite being below its 52-week high, strong support exists at Rs 897.62. A move above Rs 900.05 could lead to further gains, making it a strategic investment in maritime infrastructure.
  • Dredging Corporation Faces Selling Pressure but Remains Bullish - 10 Dec, 2024

    Dredging Corporation of India stock declined 3%, facing selling pressure but maintaining a short-term bullish target of ₹1,050. Immediate support is at ₹903, with potential for recovery if it holds above this level. The stock's performance reflects market indecision, indicated by a Doji Pattern, while government initiatives may support long-term growth.
  • Dredging Corporation Faces Valuation Concerns - 04 Dec, 2024

    Dredging Corporation of India Ltd shows stock price consolidation with strong support near Rs 919. While operating in a niche sector with steady demand, the lack of a P/E ratio and dividend yield raises valuation concerns. The 52-week high suggests growth potential if market conditions improve.

Insights on Dredging Corporation of India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.07% to 0.64% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, DREDGECORP has outperformed top 5 stocks with highest market-cap in Marine Port Services

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.47% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Duke Offshore Ltd has given 70.6% return, outperforming this stock by 20.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 21.02% to 20.64% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.34% to 0.18% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, DREDGECORP stock has moved down by -21.0%

Dredging Corporation of India Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹2,265.86Cr (-)₹2,307.41Cr (↑1.83%)₹2,326.39Cr (↑0.82%)₹2,402.96Cr (↑3.29%)
Total Liabilities₹870.67Cr (-)₹900.04Cr (↑3.37%)₹1,097.15Cr (↑21.90%)₹1,139.36Cr (↑3.85%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹117.35Cr (-)₹176.46Cr (↑50.37%)₹204.73Cr (↑16.02%)₹148.04Cr (↓27.69%)₹190.70Cr (↑28.82%)

Dredging Corporation of India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.47%
0.00
Foreign Institutions
0.18%
-47.27
Mutual Funds
0.64%
790.76
Retail Investors
20.64%
-1.80
Others
5.07%
-0.52

Dredging Corporation of India Ltd Key Indicators

Details20202021202220232024
Return On Equity %0.35-11.62-0.85-14.882.86

Dredging Corporation of India Ltd Earnings and Dividends

  • Dredging Corporation of India Ltd Earnings Results

    Dredging Corporation of India Ltd’s net profit fell -299.82% since last year same period to ₹-33.51Cr in the Q2 2024-2025. On a quarterly growth basis, Dredging Corporation of India Ltd has generated -6.72% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Dredging Corporation of India Ltd Dividends May,2019

    In the quarter ending March 2019, Dredging Corporation of India Ltd has declared dividend of ₹3 - translating a dividend yield of 0.35%.

    Read More about Dividends

Dredging Corporation of India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Dredging Corporation of India Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Dredging Corporation of India Ltd

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Dredging Corporation of India Ltd (DREDGECORP) share price today is ₹859.9

Dredging Corporation of India Ltd is listed on NSE

Dredging Corporation of India Ltd is listed on BSE

  • Today’s highest price of Dredging Corporation of India Ltd is ₹900.05.
  • Today’s lowest price of Dredging Corporation of India Ltd is ₹855.

Today’s traded volume of Dredging Corporation of India Ltd(DREDGECORP) is 12.99K.

Today’s market capitalisation of Dredging Corporation of India Ltd(DREDGECORP) is ₹2499.56Cr.

Dredging Corporation of India Ltd(DREDGECORPPrice
52 Week High
₹1457.95
52 Week Low
₹545.15

Dredging Corporation of India Ltd(DREDGECORP) share price is ₹859.9. It is down -41.02% from its 52 Week High price of ₹1457.95

Dredging Corporation of India Ltd(DREDGECORP) share price is ₹859.9. It is up 57.74% from its 52 Week Low price of ₹545.15

Dredging Corporation of India Ltd(DREDGECORPReturns
1 Day Returns
-24.5%
1 Month Returns
9.77%
3 Month Returns
-1.48%
1 Year Returns
57.72%