Dredging Corporation Of India

Dredging Corp surges 10%, Knowledge Marine hits 52-wk high; here's why

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.

Dredging Corp hits 20% upper limit; why is this PSU stock in demand today?

Dredging Corporation has entered into 22 Memorandum of understanding with 16 organisations worth ₹17,645 crore during the India Maritime Week 2025 event held in Mumbai from 27th - 31st October 2025.

SCI, GE Shipping in focus as Baltic Dry Index up 47% in 1-mth; time to buy?

The Baltic Dry Index now quotes at a 8-month high. Technical charts hint at a potential 36 per cent upside for select shipping stocks like SCI, Dredging and Seamec. Details here

Here's why Dredging Corp share was buzzing in trade on May 21; details here

Dredging Corp share price rallied on the back of strong quarterly results in Q4FY25.

This PSU stock has zoomed 104% in 6 months; hits over 16-year high

Dredging Corporation of India hit an over 16-year high of Rs 1,130.55 as they were locked in the 10 per cent upper circuit on Wednesday

India-Iran Chabahar port deal: Time to bet on Indian shipping stocks?

Among shipping stocks - SCI, GE Shipping and Dredging have logged multi-fold returns over the last few years; here's what the chart suggests for the likely trend going ahead.

Dredging Corporation surges 14%, hits over 4-year high on solid Q1 results

The company said that they are aiming at a record highest turnover of Rs 1,200 crore for FY24

Dredging Corporation returns to black; posts Rs 15 cr net profit in Q1

Dredging Corporation of India Ltd (DCI) on Friday announced returning to black as it posted a net profit of Rs 15.15 crore for the April-June quarter on account of reduced expenses. The company had reported a net loss of Rs 15.71 crore in the April-June period of 2022-23. The total income declined to Rs 205.18 crore in the first quarter from Rs 218.36 crore in the year-ago quarter, according to an exchange filing. Expenses declined to Rs 189.53 crore from Rs 233.83 crore in April-June FY23. Its earnings before interest, taxes, depreciation and amortization (EBIDTA) jumped more than two-fold to Rs 55.86 crore in the April-June quarter over Rs 25.10 crore in the same period of the last year. The company said it will continue to focus on advancing technological capabilities and expanding its project portfolio. Shares of the company were trading at Rs 380.60 apiece, up 3.90 per cent from its previous close on BSE. Based in Visakhapatnam in Andhra Pradesh, Dredging Corporation of Ind

We are targeting more than Rs 1,300-crore turnover in FY24: DCI CEO

Dredging Corporation of India Ltd (DCI) is targeting a 12 per cent growth to hit the turnover of more than Rs 1,300 crore in the ongoing financial year, MD & CEO S Divakar said. To achieve the goal, the company is looking to participate in new dredging tenders and also planning to enter new markets, Divakar told PTI. "Our turnover was at Rs 1,164 crore in FY22-23. It is the highest ever turnover since inception of the company. Going forward, we are now targeting the new milestone of over Rs 1,300 crore in the ongoing financial year," he said. When asked about the factors that would contribute to the company's growth, the CEO said the scope of dredging activity in the country is expected to grow significantly in the months to come as government's focus is on deepening and widening navigational channels of major ports, and developing the inland waterways for improving the intra & inter EXIM trade. The company is eyeing to tap the new dredging works of several ports such as Syama

Knowledge Marine bags Rs 70-cr order from Dredging Corporation

Knowledge Marine and Engineering Works Limited has bagged a Rs 70 crore order from state-owned Dredging Corporation of India for capital dredging at Mangrol Fishing Harbours Phase III in Gujarat

Stocks to Watch: LIC, Bata, AUSFB, Bharat Dynamics, REL, SBI Cards, HDFC Bk

Stocks to Watch Today: AU Small Finance Bank will be in focus as the company has set June 10 as the record date for the proposed 1:1 bonus issue.

Dredging Corp signs major ship building pact with Cochin Shipyard

The agreement is for constructing the first beagle series 12 trailing suction hopper dredger, an official statement said

Stocks to watch: Nureca, Max Fin, Axis Bank, DRL, Dredging Corp, Affle

Wipro announced the appointment of Rene Mulder as Country Head and Managing Director of its Switzerland operations

Select PSUs rally on 'in-principle' nod for strategic disinvestment

Bharat Petroleum Corporation (BPCL) hit a new high of Rs 548, up 6 per cent.

Govt sells 73% stake in DCI to consortium of four ports for Rs 1,050 crore

E-commerce firms had to change the way they functioned after the government enforced new FDI norms in the sector on February 1

Govt appoints RBSA as transaction advisor for disinvestment of DCIL

DCIL is a listed entity under the administrative control of the Ministry of Shipping

Dredging Corporation zooms over 50% in four trading days

The stock hit a 52-week high of Rs 716 in intra-day, rallied 51% from Rs 475 on March 10, 2017.