Dredging Corporation of India zooms on inking MoU with Colombo Dockyard PLC

Dredging Corporation Of India Ltd. | Shipping | Transportation & Logistics | BSE: 523618 | NSE: DREDGECORP

08 Apr 2026 Evaluate

Dredging Corporation Of India is currently trading at Rs. 900.35, up by 60.90 points or 7.25% from its previous closing of Rs. 839.45 on the BSE.

The scrip opened at Rs. 878.30 and has touched a high and low of Rs. 916.60 and Rs. 866.75 respectively. So far 6076 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1245.90 on 30-Jan-2026 and a 52 week low of Rs. 513.95 on 09-Apr-2025.

Last one week high and low of the scrip stood at Rs. 916.60 and Rs. 794.00 respectively. The current market cap of the company is Rs. 2525.74 crore.

The promoters holding in the company stood at 73.47%, while Institutions and Non-Institutions held 8.74% and 17.78% respectively.

The Dredging Corporation of India (DCIL) has entered into a significant Memorandum of Understanding (MoU) with Colombo Dockyard PLC (CDPLC), marking a major milestone in strengthening regional maritime cooperation between India and Sri Lanka. This strategic partnership brings together DCIL's extensive dredging fleet and operational expertise with CDPLC's world-class ship repair and shipbuilding infrastructure. The collaboration is aimed at delivering high-quality, cost effective, and timely solutions in vessel maintenance, repair, retrofitting, and new shipbuilding initiatives.

This partnership underscores the deepening maritime ties between India and Sri Lanka and is expected to contribute significantly to building a resilient and sustainable maritime ecosystem in the region.

Dredging Corporation of India is fully equipped to offer the complete range of dredging and allied services to the users in India and abroad and to provide vital inputs for the national development.

Dredging Corp Share Price

948.25 2.10 (0.22%)

05-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Shipping Corpn.	320.05
GE Shipping	1523.95
Dredging Corp	948.25
Seamec	1554.70
Shreeji Ship.Global	421.75
View more..

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