DREDGECORP

Dredging Corporation Of India Share PriceDredging Corporation Of India

₹560.3
-2.4 (-0.43%)
As on 10 December, 2023 | 22:02 BSE: 523618 NSE: DREDGECORPISIN: INE506A01018

Dredging Corporation Of India Performance

Day Range

  • Low 545.15
  • High 577.05
₹ 560.3

52 Week Range

  • Low 275.30
  • High 589.00
₹ 560.3
  • Open Price571.10
  • Previous Close562.70
  • Volume581716

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Dredging Corporation Of India Share Price

  • Over 1 Month 16.31%
  • Over 3 Month 5.56%
  • Over 6 Month 72.19%
  • Over 1 Year 33.87%

Dredging Corporation Of India Key Statistics

P/E Ratio 49.7
PEG Ratio -1.9
Market Cap Cr 1,569
Price to Book Ratio 1.1
EPS 4.5
Dividend 0
Relative Strength Index 69.55
Money Flow Index 94.74
MACD Signal 11.89
Average True Range 23.59

Dredging Corporation Of India Investment Rating

  • Master Rating:
  • Dredging Corp.Of India has an operating revenue of Rs. 1,110.73 Cr. on a trailing 12-month basis. An annual revenue growth of 46% is outstanding, Pre-tax margin of 1% needs improvement, ROE of 0% is poor and needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 41% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 3% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 32 which is a POOR score indicating inconsistency in earnings, a RS Rating of 69 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 39 indicates it belongs to a strong industry group of Real Estate Dvlpmt/Ops and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Dredging Corporation Of India Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 198204337371239218289
Operating Expenses Qtr Cr 141148310310177192252
Operating Profit Qtr Cr 57562761622537
Depreciation Qtr Cr 33353535283833
Interest Qtr Cr 77613643
Tax Qtr Cr 1100000
Net Profit Qtr Cr 1715-141429-161
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,168802
Operating Expenses Annual Cr 990681
Operating Profit Annual in Cr 175118
Depreciation Cr 136120
Interest Annual Cr 2912
Tax Annual Cr 11
Net Profit Annual Cr 133
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 140205
Cash from Investing Activity Annual Cr -168-89
Cash from Financing Annual Activity Cr -38-159
Net Cash Flow Annual Cr -66-43
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,4231,400
Fixed Assets Annual Cr 1,5311,611
Total Non Current Assets Annual Cr 1,6471,611
Total Current Assets Annual Cr 761695
Total Assets Annual Cr 2,4082,307
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 508500
ROE Annual % 10
ROCE Annual % 30
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1515
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
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Depreciation Qtr Cr
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IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
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IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
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Dredging Corporation Of India Technicals

EMA & SMA

Current Price
₹560.3
-2.4 (-0.43%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹515.13
  • 50 Day
  • ₹493.34
  • 100 Day
  • ₹463.49
  • 200 Day
  • ₹423.32
  • 20 Day
  • ₹510.45
  • 50 Day
  • ₹488.63
  • 100 Day
  • ₹463.67
  • 200 Day
  • ₹395.03

Dredging Corporation Of India Resistance and Support

PIVOT
₹560.84
Resistance
First Resistance 576.52
Second Resistance 592.73
Third Resistance 608.42
RSI 69.55
MFI 94.74
MACD Single Line 11.89
MACD 15.85
Support
First Resistance 544.62
Second Resistance 528.93
Third Resistance 512.72

Dredging Corporation Of India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 640,874 22,334,459 34.85
Week 1,066,922 22,480,055 21.07
1 Month 462,156 11,835,822 25.61
6 Month 431,519 10,114,817 23.44

Dredging Corporation Of India Result Highlights

Dredging Corporation Of India Synopsis

NSE-Real Estate Dvlpmt/Ops

Dredging Corpora is involved in the business activities of Construction of waterways, harbours and river works, dredging of waterways. Company’s Total Operating Revenue is Rs. 1164.80 Cr. and Equity Capital is Rs. 28.00 Cr. for the Year ended 31/03/2023. Dredging Corporation Of India Ltd. is a Public Limited Listed company incorporated on 29/03/1976 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L29222DL1976PLC008129 and registration number is 008129.
Market Cap 1,569
Sales 1,111
Shares in Float 0.76
No of funds 16
Yield 1.19
Book Value 1.1
U/D Vol ratio 3.2
LTDebt / Equity 8
Alpha 0.06
Beta 1.84

Dredging Corporation Of India

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 73.47%73.47%73.47%73.47%
Insurance Companies 6.36%7.12%7.12%2.31%
Foreign Portfolio Investors 0.25%0.15%0.36%0.36%
Financial Institutions/ Banks
Individual Investors 17.19%16.61%16.1%16.02%
Others 2.73%2.65%2.95%7.84%

Dredging Corporation Of India Management

Name Designation
Dr. Madhaiyaan Angamuthu Chairman
Capt. S Divakar Managing Director & CEO
Mr. Sanjay Sethi Director
Mr. Sanjay Kumar Mehta Director
Mr. P L Haranadh Director
Mrs. Nutan Guha Biswas Director
Mr. Vinod Kumar Pipersenia Director
Mr. Rajat Sachar Director
Mr. Arun Kumar Gupta Director
Mr. Lov Verma Director

Dredging Corporation Of India Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Dredging Corporation Of India Corporate Action

Date Purpose Remarks
2023-11-07 Quarterly Results
2023-08-11 Quarterly Results
2023-05-25 Audited Results (Revised) per share(30%)Final Dividend
2023-02-10 Quarterly Results
2022-11-10 Quarterly Results

Dredging Corporation Of India MF Shareholding

Name Amount(cr)
Quant Infrastructure Fund Growth 1,130

Dredging Corporation Of India FAQs

What is Share Price of Dredging Corporation Of India ?

Dredging Corporation Of India share price is ₹560 As on 10 December, 2023 | 21:48

What is the Market Cap of Dredging Corporation Of India ?

The Market Cap of Dredging Corporation Of India is ₹1568.8 Cr As on 10 December, 2023 | 21:48

What is the P/E ratio of Dredging Corporation Of India ?

The P/E ratio of Dredging Corporation Of India is 49.7 As on 10 December, 2023 | 21:48

What is the PB ratio of Dredging Corporation Of India ?

The PB ratio of Dredging Corporation Of India is 1.1 As on 10 December, 2023 | 21:48

Q2FY23