Dredging Corporation of India rises on commencing maintenance dredging of Channels and Basins at Cochin Port Trust

19 May 2021 Evaluate

Dredging Corporation of India is currently trading at Rs. 394.10, up by 1.65 points or 0.42% from its previous closing of Rs. 392.45 on the BSE.

The scrip opened at Rs. 375.50 and has touched a high and low of Rs. 404.00 and Rs. 375.50 respectively. So far 4971 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 456.95 on 02-Mar-2021 and a 52 week low of Rs. 211.15 on 26-May-2020.

Last one week high and low of the scrip stood at Rs. 404.00 and Rs. 375.50 respectively. The current market cap of the company is Rs. 1107.82 crore.

The promoters holding in the company stood at 73.47%, while Institutions and Non-Institutions held 6.74% and 19.78% respectively.

Dredging Corporation of India (DCI) has commenced Maintenance dredging of Channels and Basins at Cochin Port Trust awarded to the company through open tenders at a total cost of Rs 122.50 crore for dredging a quantity of 24 Million M3 for the period from May 2021 to May 2022. Two dredgers of the Company DCI DR-XV & DCI DR-VIII have commenced the operations.

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.

Dredging Corp Share Price

676.50 -1.80 (-0.27%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 208.75
GE Shipping 1000.15
Dredging Corp 676.50
Shreyas Shipping 252.05
Seamec 1070.05
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