
Dredging Corporation Of India Ltd. (DREDGECORP): Dredging Corporation Of India Share Price Rises 8.02% Today
Updated: 13 Aug 2026 • 10:05 am
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Dredging Corporation Of India Ltd. traded at Rs 1,117, up 8.02% today, taking its market capitalisation to Rs 2,956.24 crore.
Dredging Corporation Of India Share Price traded at Rs 1,117 on 13 August 2026, up Rs 82.9 or 8.02% from the previous close of Rs 1,034.1, lifting the company’s market capitalisation to Rs 2,956.24 crore.
The verified data confirms the price rise and strong early price action, though it does not establish a company-specific catalyst behind the move. That distinction matters for investors reading Dredging Corporation Of India Stock News today: the event is clearly visible in price, volume and turnover, but the supplied dataset does not attribute the stock’s rise to earnings, an order win, corporate action or any other company announcement.
Even so, Dredging Corporation Of India Share Price Today is drawing attention because the move came with an intraday high of Rs 1,125, a session low of Rs 1,045.9 and total traded volume of 86,046 shares across exchanges. The stock opened at Rs 1,045.9 and never traded below that level during the captured session data, highlighting firm intraday direction. For readers following Dredging Corporation Of India Share News, the next questions are whether the price action is being supported by broader momentum, how the valuation compares with the shipping industry, and whether the fundamentals justify closer monitoring. Univest examines each of those angles below using only the supplied numbers.
Dredging Corporation Of India Ltd. (DREDGECORP) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,117 |
| Previous Close | Rs 1,034.1 |
| Today's Change | +Rs 82.9 (+8.02%) |
| Day Open | Rs 1,045.9 |
| Day High | Rs 1,125 |
| Day Low | Rs 1,045.9 |
| Current Volume (BSE) | 3,025 |
| BSE Traded Volume | 3,025 |
| NSE Traded Volume | 83,021 |
| Combined NSE + BSE Volume | 86,046 |
| Turnover | Rs 0.34 crore |
| Market Capitalisation | Rs 2,956.24 crore |
| Market Cap Category | Small Cap |
Dredging Corporation Of India Ltd. (DREDGECORP) traded at Rs 1,117. versus the previous close of Rs 1,034.1, a rise of 8.02%. The stock opened at Rs 1,045.9, reached Rs 1,125, touched Rs 1,045.9. Reported volume was 3,025.
Dredging Corporation Of India Ltd. (DREDGECORP) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 2,956.24 crore |
| P/E Ratio | 73.61x |
| P/B Ratio | 2.33x |
| ROE | -11.62% |
| ROCE | -7.63% |
| EPS | Rs 14.05 |
| Dividend Yield | 0% |
Dredging Corporation Of India Ltd. was valued at a P/E ratio of 73.61x, a P/B ratio of 2.33x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of -11.62% and ROCE of -7.63%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Per-share and shareholder-return metrics included EPS of Rs 14.05, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Dredging Corporation Of India’s supplied fundamentals present a mixed picture: the stock has posted a notable price rise today, but the underlying profitability and valuation metrics need careful interpretation. The company’s market capitalisation is Rs 2,956.24 crore, placing it at the upper end of the supplied same-industry market-cap range and well above the benchmark median of Rs 172.05 crore and average of Rs 563.42 crore. Size, however, is not the same as operating quality.
On valuation, Dredging Corporation Of India Share Price is trading at a P/E ratio of 73.61 and a P/B ratio of 2.33. The P/E is well above the industry median of 32.19, though slightly below the industry average of 75.55 across the 8 companies in the benchmark set where P/E data is available. The broader P/E range in the same industry runs from 6.22 to 373.93, so the stock sits on the expensive side relative to the median, but not at the extreme end of the range. Its P/B of 2.33 is above the benchmark median of 0.96 but below the average of 3.98 across 12 companies.
Profitability ratios are weaker than the price action might suggest. Return on equity stands at -11.62%, below the same-industry median of 1.38% and the average of 3.06%. Return on capital employed is -7.63%, which is below the median of 3.75% but above the industry average of -0.59 only in the sense that both numbers reflect pressure. In plain terms, today’s Dredging Corporation Of India Share Price Rise is occurring despite negative ROE and ROCE readings in the supplied snapshot.
EPS is reported at 14.05, giving investors a direct sense of earnings attributable to each share. Dividend yield stands at 0, which means the current snapshot does not indicate a cash payout return through dividends. For investors looking at asset backing, the dataset does not include book value per share, so the focus remains on the supplied P/B ratio of 2.33. Taken together, Univest reads the current setup as one where market attention is being driven more by price action and market positioning than by strong reported profitability metrics alone. That makes the sector lens especially important.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Logistics |
| Industry | Shipping |
| Benchmark Scope | same industry |
| Company P/E Ratio | 73.61x |
| Benchmark Median P/E | 32.19x |
| Benchmark Average P/E | 75.55x |
| Benchmark P/E Range | 6.22x to 373.93x |
| Company P/B Ratio | 2.33x |
| Benchmark Median P/B | 0.96x |
| Company ROE | -11.62% |
| Benchmark Median ROE | 1.38% |
| Company ROCE | -7.63% |
| Benchmark Median ROCE | 3.75% |
| Company Market Capitalisation | Rs 2,956.24 crore |
| Benchmark Median Market Cap | Rs 172.05 crore |
Dredging Corporation Of India Ltd. (DREDGECORP) is classified under sector: Logistics and industry: Shipping.
Dredging Corporation Of India Ltd. (DREDGECORP) has a P/E ratio of 73.61x, which is above the benchmark median of 32.19x, a difference of +128.67%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Dredging Corporation Of India Ltd. (DREDGECORP) has a ROE of -11.62%, which is below the benchmark median of 1.38%, a difference of -942.03%. Dredging Corporation Of India Ltd. (DREDGECORP) has a ROCE of -7.63%, which is below the benchmark median of 3.75%, a difference of -303.47%.
Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.
Dredging Corporation Of India operates in the Logistics sector and Shipping industry, and the supplied same-industry benchmark provides useful context for today’s move. The company is the largest by market capitalisation in the 12-company benchmark set at Rs 2,956.24 crore, compared with a median of Rs 172.05 crore, an average of Rs 563.42 crore, a minimum of Rs 17.58 crore and a maximum equal to its own market value.
Valuation versus the Shipping benchmark is nuanced. Dredging Corporation Of India’s P/E of 73.61 is above the industry median of 32.19 and close to the average of 75.55, based on 8 companies with available P/E readings. The sector range is wide, from 6.22 to 373.93, showing that listed shipping stocks in this dataset trade across very different earnings profiles. On P/B, the company’s 2.33 is higher than the median of 0.96 but below the average of 3.98 across 12 companies, with the range extending from -0.16 to 35.48.
Profitability is where the comparison becomes more challenging. The company’s ROE of -11.62% is below both the benchmark median of 1.38% and the average of 3.06%. Its ROCE of -7.63% is below the median of 3.75%, though the benchmark average of -0.59 shows that capital efficiency across this industry sample is uneven. For readers following Dredging Corporation Of India Latest News and Dredging Corporation Of India Market Cap trends, the main takeaway is that the company stands out for scale, but not for stronger reported returns in this snapshot.
Because today’s share price gain occurred in a sector where valuation and profitability dispersion is high, investors may want to separate market-cap leadership from financial efficiency. Univest sees this as a useful reminder that a top gainer move can emerge in a stock whose relative size is strong, even when return ratios remain under pressure.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Shipping Corporation of India Land and Assets Ltd. | SCILAL | 1,895.8 | 66.52 | 0.63 | -21.1 | -20.87 |
| ABS Marine Services Ltd. | ABSMARINE | 541.94 | 6.84 | 2.37 | 2.75 | 4.45 |
| Essar Shipping Ltd. | ESSARSHPNG | 412.71 | 0 | -0.16 | 0 | -127.58 |
| Transworld Shipping Lines Ltd. | TRANSWORLD | 343.09 | 0 | 0.48 | 40.15 | 30.92 |
| Sadhav Shipping Ltd. | SADHAV | 193.6 | 12.93 | 1.82 | 10.3 | 13.76 |
Dredging Corporation Of India Ltd. (DREDGECORP) has a P/E ratio of 73.61x compared with the displayed peer median of 6.84x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -11.62% compares with a peer median of 2.75% across the companies shown in the table. ROCE stood at -7.63% versus the displayed peer median of 4.45%, providing a capital-efficiency comparison. Dredging Corporation Of India Ltd. (DREDGECORP) has a market capitalisation of Rs 2,956.24 crore. Among the 5 peers shown, 0 have a larger market capitalisation.
Dredging Corporation Of India Share Price is now being compared against a peer group that includes Shipping Corporation of India Land and Assets Ltd., ABS Marine Services Ltd., Essar Shipping Ltd., Transworld Shipping Lines Ltd., Sadhav Shipping Ltd., Global Offshore Services Ltd., Chowgule Steamships Ltd., Hariyana Ship Breakers Ltd. and Arvind Port and Infra Ltd. The company’s market capitalisation of Rs 2,956.24 crore is larger than Shipping Corporation of India Land and Assets at Rs 1,895.8 crore and well ahead of the rest of the supplied peers, whose market values range from Rs 55.17 crore to Rs 541.94 crore.
On valuation, Dredging Corporation Of India’s P/E of 73.61 is higher than ABS Marine at 6.84, Sadhav Shipping at 12.93, Hariyana Ship Breakers at 15.27 and Arvind Port and Infra at 49.11, while it is lower than Chowgule Steamships at 373.93. It is also above Shipping Corporation of India Land and Assets at 66.52. That places the stock in the upper end of peer valuation, though not at the most extreme level.
The profitability comparison is less favourable. Dredging Corporation Of India’s ROE of -11.62% is better than Shipping Corporation of India Land and Assets at -21.1, but below ABS Marine at 2.75, Transworld Shipping Lines at 40.15, Sadhav Shipping at 10.3, Hariyana Ship Breakers at 7.31 and Arvind Port and Infra at 5.08. Its ROCE of -7.63 is stronger than Essar Shipping’s -127.58 and Shipping Corporation of India Land and Assets’ -20.87, but below ABS Marine’s 4.45, Transworld’s 30.92, Sadhav’s 13.76, Global Offshore’s 62.91, Hariyana’s 12.49 and Arvind Port and Infra’s 3.04.
In other words, Dredging Corporation Of India Stock Analysis shows a company with clear market-cap leadership in the peer set, but with return ratios that lag several smaller competitors. That contrast helps explain why today’s price action is attracting attention: the stock is sizeable, expensive versus many peers and yet still delivered a sharp single-day move.
Why Investors Are Watching Dredging Corporation Of India
Dredging Corporation Of India Share Price Today is on investor screens because the stock combined a meaningful single-day gain with a market-cap profile that already places it at the top of its supplied peer group. The move also came with a strong intraday range, placing the stock in the conversation around Top Gainers Today and Stocks Rising Today in the shipping segment.
- Price action: The stock rose 8.02% from Rs 1,034.1 to Rs 1,117 and touched Rs 1,125 intraday.
- Session structure: It opened at Rs 1,045.9 and the day low remained Rs 1,045.9, indicating sustained intraday strength.
- Volume participation: Total volume reached 86,046 shares, with 83,021 on NSE and 3,025 on BSE.
- Valuation context: P/E at 73.61 is above the industry median of 32.19, while P/B at 2.33 is above the median of 0.96.
- Fundamental context: ROE of -11.62% and ROCE of -7.63% remain weaker than industry medians.
- Sector position: Market capitalisation of Rs 2,956.24 crore is the highest in the supplied same-industry set.
What investors may monitor next is whether Dredging Corporation Of India Share Price can hold above the zone established after today’s sharp rise, and whether subsequent company updates alter the current mix of elevated valuation and weak reported return ratios. Univest would frame this as a stock where market attention is rising faster than the supplied profitability profile.
About Dredging Corporation Of India
Dredging Corporation Of India Ltd. is positioned within the Logistics sector and Shipping industry. While the supplied company dataset does not include a long business description or segment-level revenue mix, its market classification is still useful because it places the company within the marine and shipping-linked infrastructure ecosystem rather than a generic industrial basket.
For investors reading Dredging Corporation Of India Company News or Dredging Corporation Of India Financial Results over time, the key point is that the stock is being evaluated against other listed shipping-related companies rather than against broad logistics names alone. That same-industry set includes businesses with widely different valuation and profitability profiles, which helps explain why the sector benchmark shows such a broad P/E range from 6.22 to 373.93 and a P/B range from -0.16 to 35.48.
Within that context, Dredging Corporation Of India stands out more for scale than for peer-like profitability in the current snapshot. Its market capitalisation of Rs 2,956.24 crore is the highest in the supplied industry set, ahead of Shipping Corporation of India Land and Assets and far above several smaller listed peers. For anyone tracking Dredging Corporation Of India NSE, Dredging Corporation Of India BSE and Dredging Corporation Of India Shareholding Pattern over time, that larger size can make its price moves especially visible during sessions when the stock becomes a market gainer.
Track Dredging Corporation Of India Share Price on Univest
Use Dredging Corporation Of India Ltd. (DREDGECORP) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.
Investors who want a deeper Dredging Corporation Of India Share Price Update can track the stock on Univest for live share price moves, market capitalisation changes, valuation ratios, sector comparison, 52-week levels and broader market insights. Univest also helps users follow Dredging Corporation Of India Stock Performance in the context of price action, peer positioning and company financial metrics such as P/E, P/B, ROE, ROCE, EPS and dividend yield.
For readers who discovered Dredging Corporation Of India News Today through a top gainer move, Univest provides a structured way to keep the stock on a watchlist without reducing the story to a single session’s momentum. That is particularly relevant when price action is strong but the supplied return ratios remain mixed.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Dredging Corporation Of India Share Price rising today?
Ans. Dredging Corporation Of India Share Price rose because the stock gained Rs 82.9, or 8.02%, to Rs 1,117 from the previous close of Rs 1,034.1. The supplied data confirms the move but does not identify a company-specific catalyst.
What is Dredging Corporation Of India Share Price Today?
Ans. Dredging Corporation Of India Share Price Today is Rs 1,117 in the supplied market snapshot. The stock opened at Rs 1,045.9, touched a high of Rs 1,125 and recorded an 8.02% day gain over its previous close.
How much did Dredging Corporation Of India stock gain today?
Ans. The stock rose by Rs 82.9 in absolute terms and by 8.02% in percentage terms. That move was large enough to qualify the stock under the price-rise event screen for its Small Cap market-cap category.
What does today’s intraday range show for the stock?
Ans. The stock traded between Rs 1,045.9 and Rs 1,125, with the opening price and day low both at Rs 1,045.9. That indicates the stock stayed above its opening level through the observed session data.
What was the trading volume in Dredging Corporation Of India today?
Ans. Total traded volume was 86,046 shares in the supplied snapshot. Of this, 83,021 shares were on NSE and 3,025 shares were on BSE, while reported turnover stood at Rs 0.34 crore.
What is the market capitalisation of Dredging Corporation Of India?
Ans. Dredging Corporation Of India has a market capitalisation of Rs 2,956.24 crore in the supplied data. That makes it the largest company by market value within the provided same-industry benchmark group of 12 companies.
Is Dredging Corporation Of India expensive compared with its industry?
Ans. Its P/E ratio is 73.61, which is above the same-industry median of 32.19 and close to the average of 75.55. Its P/B ratio of 2.33 is also above the benchmark median of 0.96.
How strong are Dredging Corporation Of India’s profitability metrics?
Ans. The supplied profitability snapshot is weak rather than strong. ROE stands at -11.62% and ROCE at -7.63%, both below the industry medians of 1.38% and 3.75%, even as the stock rose sharply today.
What are the key per-share metrics for Dredging Corporation Of India?
Ans. EPS is 14.05 in the supplied data, which shows earnings attributable to each share. Dividend yield is 0, so the current snapshot does not indicate a historical cash payout return at the prevailing market price.
How does Dredging Corporation Of India compare with peers?
Ans. The company leads the supplied peer set on market capitalisation at Rs 2,956.24 crore. However, its ROE and ROCE trail several smaller peers such as Transworld Shipping Lines, Sadhav Shipping and Hariyana Ship Breakers.
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