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Dredging Corporation of India Limited

Dredging Corporation of India Limited (DREDGECORP)

610.55

INR
+100.75(+19.76%)
As of April 23, 2025 4:07:00 AM

About Dredging Corporation of India Limited

Dredging Corporation of India Ltd. is a prominent state-owned enterprise primarily engaged in the activity of dredging, including the maintenance and development of navigable waterways and ports. Founded in 1976, the corporation serves a critical role in maintaining and preparing maritime infrastructures essential for trade and logistics. As part of its operations, it focuses on land reclamation, beach nourishment, and ensuring adequate harbor depths for safe vessel movement. Operating in various sectors such as shipping, marine construction, and coastal development, Dredging Corporation of India Ltd. plays a significant part in supporting India's maritime trade infrastructure and ensuring the safe passage of ships along vital marine routes. Its operations are crucial for enhancing trade efficiency and expanding port capacities, thus being instrumental in the nation's economic growth by facilitating international trade and commerce.

RevenueLast 12 months
NA
+NA YoY
EBITDALast 12 months
NA
Price to Sales RatioTTM
1.80
Operating MarginLast 12 months
4.10
+-41% quarterly YoY
Market Cap
1719.76 CrINR
Employees
248
CEO
Mr. Durgesh Kumar Dubey
Website