DR

Dredging Corporation of India LtdNSE DREDGECORP Stock Report

Last reporting period 31 Mar, 2024

Updated 25 Oct, 2024

Last price

Market cap $B

0.109

Micro

Exchange

XNSE - National Stock Exchange Of India

DREDGECORP.NS Stock Analysis

DR

Avoid

Based on Eyestock quantitative analysis, DREDGECORP.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

46/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-4.3 %

Overvalued

Market cap $B

0.109

Dividend yield

1.51 %

Shares outstanding

28 B

Dredging Corp. of India Ltd. engages in the business of dredging. The company is headquartered in Vishakhapatnam, Andhra Pradesh and currently employs 637 full-time employees. The company went IPO on 2004-01-15. The firm is engaged in providing the services of capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, marine construction. The firm has approximately 10 Trailer Suction Hopper Dredgers (TSHDs), two Cutter Suction Dredgers (CSDs), one Backhoe Dredger and one Inland Cutter Suction Dredger apart from other ancillary crafts. The firm owns a modern and sophisticated fleet consisting of two cutter suction dredgers, ten trailer suction dredgers, one backhoe dredger one inland and other ancillary crafts. DCI also offers a range of dredging and allied services to the users in India and Abroad and provides inputs for national development.

View Section: Eyestock Rating