Dredging Corporation Of India Ltd.

NSE: DREDGECORP | BSE: 523618 | ISIN: INE506A01018 | Industry: Shipping
| Falling Comet

605.00
-1.29%
ICICI Securities Limited
New initiatives to garner higher revenue growth During FY19, the company utilised 77% of the number of days (2501 days against a target of 3228 days) and it dredged 54.5 cu.m. against 63.9 cu.m. (85% utilisation). It has won 16 new contracts and completed 16 important contracts during FY19. Dredging Corp garners highest revenues from a maintenance dredging contract at Kolkata Port Trust (~|1120 crore for five years), followed by maintenance dredging contract at Cochin Shipyard (|110 crore for five years) and a capital dredging contract (|103 crore for 15...
Dredging Corporation Of India Ltd. has lost -26.84% in the last 1 Year
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