Dredging Corporation

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  Dredging Corporation Rallies Over 15% On Heavy Trading Volumes

  Dreding Corporation's shares were in huge demand on Monday. Over 1.2 lakh shares changed hands on the BSE.

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  Stocks To Watch: Axis Bank, Cadila Healthcare, Dredging Corporation

  Dredging Corporation of India has signed a MoU to construct first ever trailing suction hopper dredger in Indian Shipyard for the first time in Republic India with Cochin Shipyard

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  Buy BHEL, JSPL, ITDC, Says Vijay Chopra

  Vijay Chopra, MD & CEO of Enoch Ventures recommends buying BHEL, ITDC, JSPL and Dredging Corporation of India.

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  Cricket Legends Chappell Brothers Ask Adani To Abandon Australian Project

  The project involves dredging 1.1 million cubic metres of spoil near the Great Barrier Reef Marine Park, which will then be disposed off on land.

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  Dredging Corporation Shares In Focus, Surge 17%

  For the quarter ending December 31, 2016, Dredging Corporation had reported a net profit of Rs 14 crore on revenues of Rs 152 crore compared to a loss of Rs 14.4 crore on sales of Rs 161 crore in the September quarter.

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  Dredging Corp Wins Rs 1,119-Cr Contract For Kolkata Port Dredging

  DCI has been carrying out the maintenance dredging works for Kolkata Port channels for the past 30 years, awarded on nomination basis by the government.

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  Select PSU Stocks Soar Amid Buzz Of Buyback Announcement

  The rally in these companies comes in the wake of two state-run companies NMDC and MOIL recently announcing buyback offers. S

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  Dredging Corp OFS Fully Subscribed, Government Likely to Get Rs 53Cr

  The government is selling up to 14 lakh shares, representing 5 per cent of stake in the company, through an Offer for Sale (OFS).

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  Dredging Corp Stake Sale on Friday, Floor Price Fixed at Rs 382

  Shares of Dredging Corporation of India today closed at Rs 387.30 per unit, down 4.75 per cent on BSE. Thus, at today's closing price the government could raise about Rs 53.48 crore from the stake dilution.

• Government to Sell 5% Stake in Dredging Corporation on August 21

  The government will sell up to 14 lakh shares of face value of Rs 10 each, representing 5 per cent of the total paid up equity share capital of the company, through Offer for Sale, DCI said in a filing to the BSE.

• REC Share Sale Subscribed More Than Twice

  The floor price of Rs 315 a share implies an inexpensive valuation of less than 1 time of FY17 book value, which is an attractive entry point for long-term investors, broker Indiainfoline wrote in a note to clients on Wednesday.

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  FY16 Divestment Target to be Around Rs 43,000 Crore: Report

  Finance Minister Arun Jaitley, in the Budget for 2015-16, is likely to target around Rs 43,000 crore from disinvestment proceeds, almost the same level that the government expects to realise from stake sale in public sector undertakings or PSUs this fiscal year.

• PFC Share Sale Likely Next Week: Report

  The government is likely to sell a 5 per cent stake in both Power Finance Corporation Ltd (PFC) and Dredging Corporation of India Ltd as it races to narrow its fiscal gap to a targeted seven-year low by March, when the financial year ends.

• JNPT, Ennore Port, DCI get nod to raise Rs 3,500 crore via bonds

  The Finance Ministry has given its nod to three Shipping Ministry-controlled entities - JNPT, Dredging Corporation of India (DCI) and Ennore Port to collectively raise Rs 3,500 crore from tax-free bonds.

• Andhra Pradesh fishermen to get compensation from Gujarat State Petroleum Corporation

  Gujarat State Petroleum Corporation (GSPC) has agreed to pay a compensation of over Rs 11 crore per month to the fishermen in Rajahmundry who were affected due to the ongoing dredging work being undertaken by the company.