Dredging Corporation of India Ltd Share Price – NSE /  BSE

Miscellaneous, Small Cap

Net Loss of Dredging Corporation of India reported to Rs 34.18 crore in the quarter ended September 2025 as against net loss of Rs 33.51 crore during the previous quarter ended September 2024. Sales rose 3.56% to Rs 211.79 crore in the quarter ended September 2025 as against Rs 204.50 crore during the previous quarter ended September 2024.

Powered by Capital Market - Live News

Dredging Corporation of India will hold a meeting of the Board of Directors of the Company on 12 November 2025.

Powered by Capital Market - Live News

Lancor Holdings Ltd, Dolphin Offshore Enterprises (India) Ltd, L G Balakrishnan & Bros Ltd and South West Pinnacle Exploration Ltd are among the other gainers in the BSE's 'B' group today, 03 November 2025.

Dredging Corporation of India Ltd spiked 20.00% to Rs 888.95 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 1.69 lakh shares were traded on the counter so far as against the average daily volumes of 27821 shares in the past one month.

Lancor Holdings Ltd soared 19.99% to Rs 32.9. The stock was the second biggest gainer in 'B' group. On the BSE, 4.5 lakh shares were traded on the counter so far as against the average daily volumes of 28745 shares in the past one month.

Dolphin Offshore Enterprises (India) Ltd surged 19.25% to Rs 436.45. The stock was the third biggest gainer in 'B' group. On the BSE, 20608 shares were traded on the counter so far as against the average daily volumes of 170 shares in the past one month.

L G Balakrishnan & Bros Ltd advanced 14.67% to Rs 1626.3. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.48 lakh shares were traded on the counter so far as against the average daily volumes of 2864 shares in the past one month.

South West Pinnacle Exploration Ltd spurt 13.83% to Rs 179.8. The stock was the fifth biggest gainer in 'B' group. On the BSE, 75884 shares were traded on the counter so far as against the average daily volumes of 19473 shares in the past one month.

Powered by Capital Market - Live News

The deals aim to expand dredging capacity, modernise the fleet, and strengthen its global presence.

The company tied up with major ports for dredging projects and Cochin Shipyard for dredger construction and repair. It also partnered with NMDC Abu Dhabi for a global JV, BEML for indigenous parts, and IHC for modernising dredgers.

An MoU with IIT Chennai's National Technology Centre for Ports, Waterways & Coasts (NTCPWC) will cover bathymetry surveys and training programmes. IOCL will ensure fuel and lubricant supply to Dredging Corporation of India Ltd (DCIL) vessels.

Chairman Dr. M. Angamuthu said the MoUs align with the Maritime Amrit Kaal Vision. The government plans to invest Rs 4,000 crore to build 11 new dredgers and upgrade existing ones.

CEO Capt. S. Divakar said the partnerships will boost efficiency and reinforce DCIL's position as India's top dredging company. DCIL currently handles about 55% of India?s dredging needs.

DCIL operates under a consortium of four major ports ? Visakhapatnam, Paradip, Jawaharlal Nehru and Deendayal Port Authorities. As on September 2025, this consortium held 73.47% stake in DCIL.

The company reported standalone net loss of Rs 23.33 crore in Q1 FY26 as against net loss of Rs 31.40 crore in Q1 FY25. Revenue from operations jumped 60.6% year-on-year to Rs 242.24 crore in Q1 FY26.

Powered by Capital Market - Live News