Posted on November 13, 2015
The company said its net profit rose 434% to Rs.17.31 crore in the September quarter compared with Rs.3.24 crore a year ago.
Dredging Corporation of India zoomed 4.4% to Rs.352.50 on BSE.
The company said its net profit rose 434% to Rs.17.31 crore in the September quarter compared with Rs.3.24 crore a year ago.
The scrip opened at Rs. 340 and has touched a high and low of Rs. 363.7 and Rs. 333 respectively. So far 217374(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 945 crore.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 484 on 10-Aug-2015 and a 52 week low of Rs. 312 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 357.5 and Rs. 328.6 respectively.
The promoters holding in the company stood at 73.56 % while Institutions and Non-Institutions held 14.06 % and 12.38 % respectively.
The stock is currently trading below its 200 DMA.
