Intrinsic value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Knowledge Marine & Engineering Works rallied 11% to hit a new high of Rs 1,129.85 after the company received an additional work order of Rs 16.50 crore from Dredging Corporation of India

This SME shipping company’s stock is up more than 2,900% over issue price

Dredging Corporation is aiming for a revenue of Rs 1,000 crore in FY23.

Dredging Corporation receives Rs 60 crore reclamation contract from NRL; stock spurts ~3%

The company also intends to increase income from operations and strengthen its domestic and international competitive position by expanding operations in both traditional and new dredging services. “Our company also plans to refurbish the existing aged dredgers so as to increase their effectiveness …

State-owned Dredging Corporation of India plans to foray into foreign dredging market

Brickworks has revised the rating to ‘BWR A+’ with a Negative outlook.

Brickworks downgrades rating of Dredging Corporation’s Free Bond issue worth Rs58.88 crore

Dredging Corporation of India said that the Visakhapatnam Port Authority (VPA) had awarded the company with an Annual Maintenance Dredging contract with the project cost of about Rs 57crore for three years.

Dredging Corporation bags Rs 57-cr contract from Visakhapatnam Port Authority

Dredging Corporation MD claimed to be MBA from institute which does not exist

A DCIL statement also said that Victor had not disclosed that he was dismissed from the public sector undertaking on disciplinary grounds. The revelation of these facts have led to him being sacked.

Dredging Corporation suspends MD for forgery and suppressing facts

Dredging Corporation of India (DCIL) CEO and managing director G Y V Victor was suspended pending disciplinary proceedings against him on Wednesday (13 July 2022).

Dredging Corp suspends MD & CEO Victor

His suspension is effective from July 5, 2022.

Dredging Corporation suspends Aswini Sreekanth on pending disciplinary proceedings

Dredging Corporation signs agreement with Dept. of Fisheries

The extension of the contract by JNPT is feather on the cap of DCI which is aiming at a record highest ever turnover of Rs 1000 crore for FY 2022-23.

Dredging Corporation of India bags 3-year maintenance contract from JNPT

Dredging Corporation of India Limited is engaged in providing dredging services and maritime development.

Dredging Corporation of India Ltd

Dredging Corporation of India Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

This SME shipping company’s stock is up more than 2,900% over issue price

Dredging Corporation receives Rs 60 crore reclamation contract from NRL; stock spurts ~3%

State-owned Dredging Corporation of India plans to foray into foreign dredging market

Brickworks downgrades rating of Dredging Corporation’s Free Bond issue worth Rs58.88 crore

Dredging Corporation bags Rs 57-cr contract from Visakhapatnam Port Authority

Dredging Corporation MD claimed to be MBA from institute which does not exist

Dredging Corporation suspends MD for forgery and suppressing facts

Dredging Corporation of India Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

This SME shipping company’s stock is up more than 2,900% over issue price

Dredging Corporation receives Rs 60 crore reclamation contract from NRL; stock spurts ~3%

State-owned Dredging Corporation of India plans to foray into foreign dredging market

Brickworks downgrades rating of Dredging Corporation’s Free Bond issue worth Rs58.88 crore

Dredging Corporation bags Rs 57-cr contract from Visakhapatnam Port Authority

Dredging Corporation MD claimed to be MBA from institute which does not exist

Dredging Corporation suspends MD for forgery and suppressing facts

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock