The government has executed share purchase pact with four ports namely, Visakhapatnam Port Trust, Paradip Port Trust, Jawaharlal Nehru Port Trust and Deendayal Port Trust with regard to the strategic sale of its stake in Dredging Corporation of India (DCI).
With this the 73.47% holding of GOI in DCI has been transferred to the four ports. The government has mobilized a total amount of Rs 1049 crore by this strategic sale.
Dredging Corporation of India is the premier dredging company in India and is the only PSU company offering dredging services. Established in 1976, the Company provides dredging and allied services to Ports, Indian Navy etc.
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 318.80 |
| GE Shipping | 1560.75 |
| Dredging Corp | 967.00 |
| Seamec | 1564.90 |
| Shreeji Ship.Global | 425.00 |
| View more.. | |
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: