Dredging Corporation of India Ltd
Dredging Corpn. | 523618
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About Company
- Dredging Corporation of India Limited, was established on March 29, 1976 with the primary objective of catering to the dredging requirements of Indian ports
- The company is a pioneer organization in the field of dredging and maritime development
- a Mini Ratna Public Sector Enterprise, which offers four types of dredging services, namely maintenance dredging, capital dredging, beach nourishment and land reclamation
- They do dredging mainly for Indian seaports, though occasionally they dredge at foreign seaports in countries such as Taiwan and Dubai
- The company helps to ensure the continuous availability of the desired depths in shipping channels of the Major and Minot Ports, Navy, fishing harbor and other maritime organizations
- The head office is located in the eastern seaboard of India at Visakhapatnam in Andhra Pradesh and project offices are located at all major ports in India
- The company has enhanced autonomy with regard to capital expenditure, establishment of joint ventures, overseas offices and technology alliances
- The company commenced their full fledged commercial operation from April 1, 1977
- In the year 1977, the company was awarded a USD 10 million contract for the management of Yanbu Construction Port on the Red Sea in the Kingdom of Saudi Arabia, for three years
- During the year 1981-83, they have efficiently performed stevedoring services at Yanbu Construction Support Port
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Dredging Corporation of India Ltd?
The current share price of Dredging Corporation of India Ltd (Dredging Corpn.) is ₹783.80. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Dredging Corporation of India Ltd?
Dredging Corporation of India Ltd has a 52-week high of ₹970.05 and a 52-week low of ₹495.00. This range shows the stock's price volatility over the past year.
What is the ROE of Dredging Corporation of India Ltd?
Dredging Corporation of India Ltd has a Return on Equity (ROE) of -3.67%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
