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Dredging Corporation of India Ltd (DREDGECORP)

₹1298.25%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's High

    ₹1,298.2
    ₹1,343
  • 52 Week's Low

    52 Week's High

    ₹353.05
    ₹1,457.95
1 Month Return+ 20.95 %
3 Month Return+ 66.79 %
1 Year Return+ 280.38 %
Previous Close₹1,366.50
Open₹1,305.50
Volume65.42K
Upper Circuit-
Lower Circuit-
Market Cap₹3,826.20Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹3,826.20 Cr
P/B Ratio0.55
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 1M
ITI ELSS Tax Saver Fund Direct GrowthITI ELSS Tax Saver Fund Direct Growth0.61%

Company Information

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: ₹1298.20 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹3,826.20Cr as of today
Listing date: 16 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 Corp Bags Annual Maintenance Dredging Contract - 04 Jul, 2024

    Dredging Corporation of India Ltd's stock price jumped 12% this week, supported by the company receiving an annual maintenance dredging contract worth Rs 156.50 crore from Cochin Port Authority. The contract includes dredging of various areas of Cochin Port and reinforces DCIL's leadership in the sector.

  • DCI: A Renowned Dredging Firm in India - 21 Jun, 2024

    Dredging Corporation of India Ltd (DCI) is a leading dredging firm in India, providing various dredging services to major ports and marine enterprises. With a robust fleet and equipment, excellent performance track record, and focus on innovation and sustainability, DCI is well-positioned for growth.

  • DCI Wins Contract Worth Rs 2,015 Crore - 12 Jun, 2024

    Dredging Corporation of India Ltd (DCI) shares hit a 16-year high after winning a five-year contract worth Rs 2,015.88 crore from Syama Prasad Mookerjee Port Authority. DCI aims at higher turnover and improved performance with an EBITDA jump of 81.36%. The company's Q4FY24 revenue slipped by 17%, but its net loss shrank by 89%. The stock gave a return of 90.94% in six months.

  • DCIL Stock Surges on Winning Rs 2,015.88 Crore Order - 11 Jun, 2024

    Shares of Dredging Corporation of India Ltd (DCIL) surged 10% after winning a five-year contract worth Rs 2,015.88 crore from Syama Prasad Mookerjee Port Authority for maintenance dredging of the Hooghly estuary shipping channel leading to Haldia Dock. DCIL's shares have gained 195% YoY.

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 0.00% to 0.07% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.30% to 0.34% in Jun 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

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, DREDGECORP has outperformed top 5 stocks with highest market-cap in Marine Port Services

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 21.01% to 21.02% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, DREDGECORP stock has moved up by 66.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹2,408.37Cr
↑4.38%
Total Liabilities
₹985.81Cr
↑9.53%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹140.00Cr
↓31.62%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.47%
0.00
Foreign Institutions
0.34%
12.38
Mutual Funds
0.07%
0.00
Retail Investors
21.02%
0.05
Others
5.1%
-2.28

Key Indicators

Earnings and Dividends

  • Dredging Corporation of India Ltd Earnings Results

    Dredging Corporation of India Ltd’s net profit jumped 89.47% since last year same period to ₹-23.47Cr in the Q4 2023-2024. On a quarterly growth basis, Dredging Corporation of India Ltd has generated -186.19% 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 0.22%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

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Dredging Corporation of India Ltd (DREDGECORP) share price today is ₹1298.2

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 ₹1343.
  • Today’s lowest price of Dredging Corporation of India Ltd is ₹1298.2.

Today’s traded volume of Dredging Corporation of India Ltd(DREDGECORP) is 65.42K.

Today’s market capitalisation of Dredging Corporation of India Ltd(DREDGECORP) is ₹3826.2Cr.

Dredging Corporation of India Ltd(DREDGECORPPrice
52 Week High
₹1457.95
52 Week Low
₹353.05

Dredging Corporation of India Ltd(DREDGECORP) share price is ₹1298.2. It is down -10.96% from its 52 Week High price of ₹1457.95

Dredging Corporation of India Ltd(DREDGECORP) share price is ₹1298.2. It is up 267.71% from its 52 Week Low price of ₹353.05

Dredging Corporation of India Ltd(DREDGECORPReturns
1 Day Returns
-68.3%
1 Month Returns
20.95%
3 Month Returns
66.79%
1 Year Returns
280.38%