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Company Profile

DREDGING CORPORATION OF INDIA LTD.

NSE : DREDGECORPBSE : 523618ISIN CODE : INE506A01018Industry : ShippingHouse : PSU
BSE790.15-19.7 (-2.43 % )
PREV CLOSE (Rs.) 809.85
OPEN PRICE (Rs.) 817.10
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3787
TODAY'S LOW / HIGH (Rs.)787.35 817.35
52 WK LOW / HIGH (Rs.)309.4 929.95
NSE789.35 -20.55 (-2.54 % )
PREV CLOSE(Rs.) 809.90
OPEN PRICE (Rs.) 816.85
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 789.35 (96 )
VOLUME 66067
TODAY'S LOW / HIGH(Rs.) 781.60 816.85
52 WK LOW / HIGH (Rs.)308.65 930

Company News

Date Heading Details
16-Apr-2024 Cessation Of Capt.S.Divakar As Managing Director And CEO (Additonal Charge) And KMP And Continuation As Chief General Manager Of The Company CApt.S.Divakar served DCI as Chief General Manager of the Company
26-Mar-2024 Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s Intimation for Re-appointment of M/s. Rao and Kumar, Chartered Accountants as Statutory Auditors of the Company for the F.Y. 2023-24
07-Mar-2024 Dredging Corporation of India inks MoU with BEML <p style="text-align: justify;">Dredging Corporation of India (DCI) has signed Memorandum of Understanding (MoU) with BEML for Indigenous Design, Development &amp; Manufacturing of spares for Dredgers &amp; Joint Development of manufacturing of Dredgers. The purpose of this MOU for both the organizations is to recognise indigenisation as one of the strategic tools to achieve cost benefits and also complement their strengths to build a mutually beneficial strong technical base. DCI would prefer to procure a substantial part of hydraulic aggregates, casting &amp; fabrication items for their dredgers, enabling improved availability of dredgers, attain cost effectiveness and improve competitiveness in the Indian and global market.&nbsp;</p><p style="text-align: justify;">This strategic partnership between DCI and BEML marks a significant milestone in India's maritime infrastructure development. By combining DCl's expertise in dredging operations and BEML's proficiency in engineering and manufacturing, the collaboration aims to enhance the indigenous capabilities in the dredging sector and support the country's maritime infrastructure growth. The signing of the MoU between DCIL and BEML marks a significant milestone in India's journey towards self-reliance and technological advancement in the maritime industry.&nbsp;</p><p style="text-align: justify;">Dredging Corporation of India is engaged in providing the services of capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, marine construction.</p><div style="text-align: justify;"><br></div>
28-Sep-2023 Dredging Corporation of India informs about press release <p style="text-align: justify;">Dredging Corporation of India has informed that it enclosed a copy of the Press Release with respect to 47th Annual General Meeting (AGM) held on 27th September 2023.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
31-May-2023 Dredging Corporation of India aiming 12% growth in turnover during FY24 <p></p><p style="text-align: justify;">Dredging Corporation of India (DCI) is aiming a 12 per cent growth to hit the turnover of more than Rs 1,300 crore in the ongoing financial year. To achieve the goal, the company is looking to participate in new dredging tenders and also planning to enter new markets.</p><p style="text-align: justify;">The company is eyeing to tap the new dredging works of several ports such as Syama Prasad Mookerjee Port Authority, New Mangalore Port Authority, Mormugoa Port Authority and Deendayal Port Authority, and also looking to carry out dredging activities of the Inland Waterways Authority of India (IWAI).</p><p style="text-align: justify;">Dredging Corporation of India is engaged in providing the services of capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, marine construction.</p><p></p><div style="text-align: justify;"><br></div>
31-May-2023 Dredging Corporation of India edges higher on aiming 12% growth in turnover during FY24 <p style="text-align: justify;">Dredging Corporation Of India is currently trading at Rs. 314.00, up by 0.10 points or 0.03% from its previous closing of Rs. 313.90 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 315.00 and has touched a high and low of Rs. 316.40 and Rs. 311.50 respectively. So far 956 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 456.15 on 29-Nov-2022 and a 52 week low of Rs. 248.10 on 23-Jun-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 341.90 and Rs. 309.40 respectively. The current market cap of the company is Rs. 877.52 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 73.47%, while Institutions and Non-Institutions held 7.55% and 18.98% respectively.<br><br>Dredging Corporation of India (DCI) is aiming a 12 per cent growth to hit the turnover of more than Rs 1,300 crore in the ongoing financial year. To achieve the goal, the company is looking to participate in new dredging tenders and also planning to enter new markets.</p><p style="text-align: justify;">The company is eyeing to tap the new dredging works of several ports such as Syama Prasad Mookerjee Port Authority, New Mangalore Port Authority, Mormugoa Port Authority and Deendayal Port Authority, and also looking to carry out dredging activities of the Inland Waterways Authority of India (IWAI).</p><p style="text-align: justify;">Dredging Corporation of India is engaged in providing the services of capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, marine construction.</p><div style="text-align: justify;"><br></div>