Shares of Knowledge Marine hit a new high at ₹3,571, as they surged 9% in Monday's intra-day trade; the stock has zoomed 182% from its 52-week low of ₹1,265 touched on April 7, 2025.
The company received a work order from New Mangalore Port Authority for the hiring of One number of River Sea Vessel type IV Security Patrol Boat with all manpower excluding High Speed Diesel.
In the coming years, the Indian dredging industry is well positioned to benefit from both economic growth and strategic policy support by the Government of India to promote infrastructure development.
Shares of Knowledge Marine & Engineering Works rallied 17 per cent to Rs 2,189.95 on the BSE in Friday's intra-day trade.