Dredging Corporation Of India Ltd. News and Updates

Name: Latest research reports of Dredging Corporation Of India Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Dredging Corporation Of India Ltd.
Rating: 3
Author: ICICI Securities Limited

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Dredging Corporation Of India Ltd.

06 Feb 2019

785.00

1.06%

Govt nears completion of strategic sale of Dredging Corp

Business Line

The government is nearing completion of strategic sale of Dredging Corporation of India to a consortium of four ports, a move which would help it mee

Dredging Corporation Of India Ltd.'s price crossed above 200Day SMA today

Dredging Corporation Of India Ltd.

05 Feb 2019

785.00

1.06%

Dredging Corporation of India

Hold: Dredging Corporation Of In...

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues grew 38% YoY at | 165 crore (I-direct estimate: | 132 crore), mainly due to better fleet utilisation & low base. The base quarter was impacted by employee strikes against privatisation of the company The EBITDA margin increased 290 bps to 23.4%, leading to an...

Dredging Corporation Of India Ltd. has gained 39.26% in the last 1 Month

Dredging Corporation Of India Ltd.

04 Dec 2018

785.00

1.06%

Private dredging firms will lose out when port trusts become new owners of Dredging Corp

Business Line

Port Trusts will resort to nomination route to award works

Dredging Corporation Of India Ltd. has gained 39.26% in the last 1 Month

Dredging Corporation Of India Ltd.

14 Nov 2018

785.00

1.06%

The inside story of DCI stake sale

Business Line

Workers of the state-run Dredging Corporation of India Ltd (DCI), who waged a successful struggle for months against its privatisation, will likely ha

Dredging Corporation Of India Ltd. has gained 45.28% in the last 3 Months

The inside story of DCI stake sale

Business Line | 14 Nov 2018

Dredging Corporation Of India Ltd.

13 Nov 2018

785.00

1.06%

Dredging Corporation of India

Hold: Dredging Corporation Of In...

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues remained flat YoY at | 148 crore Optically, absolute EBITDA came in at a loss of | 46 crore vs. profit of | 41 crore in Q2FY18. However, adjusting for the one-off, EBITDA declined 6% to a profit of | 38 crore while adjusted EBITDA margin declined 132 bps to 25.7% and came in higher than I-direct estimate of 22%. The one-off was on the account of a provision of bad and doubtful debt, amounting to | 84 crore as receivable from Government...

Dredging Corporation Of India Ltd. has gained 39.26% in the last 1 Month

Dredging Corporation Of India Ltd.

12 Nov 2018

785.00

1.06%

Dredging Corp stake a raw deal for port trust consortium, say experts

Business Standard

Stake buy by private entity could do more justice to asset, they said

Dredging Corporation Of India Ltd. is trading above all available SMAs

Dredging Corporation Of India Ltd.

12 Nov 2018

785.00

1.06%

Dredging Corp Q2 net loss at Rs 79 cr

Business Line

The state-run Dredging Corporation of India (DCI) on Monday reported a net loss of Rs 79.16 crore for the second quarter ended September 30, 2018 on

Dredging Corporation Of India Ltd. has gained 45.28% in the last 3 Months

Dredging Corp Q2 net loss at Rs 79 cr

Economic Times | 12 Nov 2018

Dredging Corporation Of India Ltd.

09 Nov 2018

785.00

1.06%

Dredging Corp hits 6-wk high as Govt to sell entire stake

Business Line

Shares of state-run Dredging Corporation of India rose as much as 9.9 per cent to Rs 384, their highest since September 26 this yearThe government is

Dredging Corporation Of India Ltd. has gained 39.26% in the last 1 Month

Eye on divestment target, govt to sell enemy shares, exit Dredging Corp

Business Standard | 09 Nov 2018 1 more

Dredging Corporation Of India Ltd.

16 Aug 2018

785.00

1.06%

Dredging Corporation of India

Hold: Dredging Corporation Of In...

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues de-grew 11% YoY to | 140 crore (I-direct estimate: | 150 crore). Revenue growth appears to have contracted after growing 17% YoY in Q4FY18, due to lower utilisation of fleet EBITDA margin declined 33 bps to 23.3% (I-direct estimate: 22%), mainly due to higher other expenses to sales ratio (58.7% in Q1FY19 vs 58.5% in Q1FY18). Absolute EBITDA de-grew 13% to | 33 crore (Idirect estimate: | 33 crore) Subsequently, PAT de-grew 28% to | 3 crore and was higher than Idirect estimate of | 2 crore...