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

Cochin Shipyard, Dredging Corporation sign pact to build India’s first indigenous dredger

The shipyard signed a building agreement with Dredging Corporation of India to build India’s first 12,000 cubic meter dredger

Dredging Corporation signs major ship building pact with Cochin Shipyard

Dredging Corporation of India on 17 March 2022 will sign a contract with Cochin Shipyard (Cochin) for construction of 12,000 cubic meter hopper capacity trailer suction hopper dredger for euro 104 million under Make in India program.

Dredging Corporation of India to sign contract with Cochin Shipyard

Dredging Corporation of India signs contract with Cochin Shipyard

To work on maintenance of fishing harbours, reservoirs, ponds and other water bodies in Gujarat

Dredging Corporation inks pact with Gujarat Fisheries Department

The company is working to increase cash flows in the coming two to three quarters and and to pay off dues.

Dredging Corporation of India to Clear Dues to Vendors by June Quarter

The company made a major capital expenditure for the purchase worth Rs1,000 crore.

Dredging Corporation’s stock skyrockets ~9% after Q3FY22 earnings

NMDC and DCI have also agreed on mutual participation and mutual bid submissions across the region on a project-to-project basis.

Dredging Corporation inks deal with Abu Dhabi-led NMDC

Work pertains to dredging at Mumbai Harbour Channel and Jawaharlal Nehru Port Channel in 2020-21

CBI books senior Dredging Corporation of India official for Rs. 50-crore corruption

The rating has been revised at CARE A from Stable BBB+; Negative, the company said.

CARE revises long-term rating of Dredging Corporation of India; Stock up 1%

Dredging Corporation of India reports standalone net loss of Rs 3.98 crore in the September 2021 quarter

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

Cochin Shipyard, Dredging Corporation sign pact to build India’s first indigenous dredger

Dredging Corporation signs major ship building pact with Cochin Shipyard

Dredging Corporation of India to sign contract with Cochin Shipyard

Dredging Corporation of India signs contract with Cochin Shipyard

Dredging Corporation inks pact with Gujarat Fisheries Department

Dredging Corporation of India to Clear Dues to Vendors by June Quarter

Dredging Corporation’s stock skyrockets ~9% after Q3FY22 earnings

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

Cochin Shipyard, Dredging Corporation sign pact to build India’s first indigenous dredger

Dredging Corporation signs major ship building pact with Cochin Shipyard

Dredging Corporation of India to sign contract with Cochin Shipyard

Dredging Corporation of India signs contract with Cochin Shipyard

Dredging Corporation inks pact with Gujarat Fisheries Department

Dredging Corporation of India to Clear Dues to Vendors by June Quarter

Dredging Corporation’s stock skyrockets ~9% after Q3FY22 earnings

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