Dredging Corporation of India Ltd. logo

Dredging Corporation of India Ltd. (DREDGECORP)

Market Closed
10 Aug, 10:00
XNSE XNSE
1,061. 80
-9.5
-0.8868%
25.54B Market Cap
- P/E Ratio
12% Div Yield
31,802 Volume
- Eps
1,071.3
Previous Close
Add Transaction
Day Range
1,058 1,078.7
Year Range
538 1,286
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Summary

DREDGECORP closed today lower at ₹1,061.8, a decrease of -0.8868% from yesterday's close, completing a monthly decrease of -3.4727% or -₹38.2. Over the past 12 months, DREDGECORP stock gained 4.6211%.
DREDGECORP is not paying dividends to its shareholders.
The last earnings report, released on May 18, 2026, exceeded the consensus estimates by 0%. On average, the company has surpassed earnings expectations by 0%, based on the last three reports.
The stock of the company had never split.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on XNSE (INR).

DREDGECORP Chart

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Dredging Corporation of India Ltd. (DREDGECORP) FAQ

What is the stock price today?

The current price is ₹1,061.80.

On which exchange is it traded?

Dredging Corporation of India Ltd. is listed on XNSE.

What is its stock symbol?

The ticker symbol is DREDGECORP.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 12%.

What is its market cap?

As of today, the market cap is 25.54B.

Has Dredging Corporation of India Ltd. ever had a stock split?

No, there has never been a stock split.

Dredging Corporation of India Ltd. Profile

Construction & Engineering Industry
Industrials Sector
Mr. Durgesh Kumar Dubey CEO
XNSE Exchange
Y2107Z111 CUSIP
India Country
248 Employees
31 Jul 2019 Last Dividend
- Last Split
- IPO Date

Overview

Dredging Corporation of India Limited is a premier company established in 1976, specializing in dredging and maritime services for ports, the Indian navy, fishing harbors, and other aquatic organizations across India. With its headquarters in Visakhapatnam, India, the company brings to the table a rich heritage of expertise and experience in the maritime sector. It boasts a versatile fleet that includes 10 trailer suction hopper dredgers, 1 cutter suction dredger, one backhoe dredger, and one inland cutter suction dredger, supplemented by various ancillary crafts. This fleet is instrumental in meeting the diverse needs of its clientele, ensuring thorough and efficient service delivery.

Products and Services

  • Capital Dredging: This service is crucial for creating new harbors, deepening the existing waterways, or enlarging port berths to accommodate larger ships. Capital dredging projects are fundamental in facilitating maritime trade and enhancing naval defensibility.
  • Maintenance Dredging: Over time, sedimentation in water bodies can hinder navigational efficiency and safety. Maintenance dredging ensures that waterways and ports remain navigable by removing accumulated sediments and debris, therefore guaranteeing uninterrupted maritime operations.
  • Beach Nourishment: This process involves the replenishment of eroded beaches with sediment collected from other sources. By enhancing beach profiles, this service not only protects coastal infrastructure but also preserves natural habitats and beauty.
  • Land Reclamation: Land reclamation services are aimed at creating new land from sea or riverbeds. This extensive process involves dredging and the deposit of dredged material to form new land mass, a crucial solution for space-constrained areas seeking expansion.
  • Shallow Water Dredging: Specialized for operations in shallow water zones where standard dredging equipment cannot operate effectively. This ensures that smaller waterways and channels remain operational for local fishing and small-scale maritime activities.
  • Project Management Consultancy: Dredging Corporation of India Limited leverages its extensive experience to offer advisory and management services for maritime projects. This includes planning, executing, and overseeing dredging projects to ensure they meet the client’s objectives, budget, and timelines.
  • Marine Construction: Beyond dredging, the company is equipped to handle complex marine construction projects, which can include breakwater construction, coastal protection structures, and jetties. These projects are vital for the safety and functionality of maritime infrastructures.

Contact Information

Address: Dredge House
Phone: 91 89 1252 3250