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The government is planning an outright sale of Dredging Corporation of India (DCIL) through auction, which could fetch about Rs 1,400 crore to the exchequer. The government currently holds 73.47 percent stake in DCIL. Besides, there is a proposal to sell 100% government holding in four unlisted companies - Kamarajar Port, HLL Lifecare, Indian Medicines & Pharmaceutical Corporation, and Karnataka Antibiotics and Pharmaceuticals. The core group of secretaries on disinvestment, headed by the cabinet secretary, has already approved the sale of these five companies.

Dredging Corporation of India (DCIL) is involved in maintenance dredging, capital dredging, beach nourishment, land reclamation, shallow water dredging, Project Management consultancy and Marine construction.

Dredging Corp Share Price

952.90 -11.05 (-1.15%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 338.75
GE Shipping 1586.75
Dredging Corp 952.90
Seamec 1502.55
Shreeji Ship.Global 415.85
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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