NIFTY 23907.25 BANK 51135.40

Dredging Corporation of India Limited
Share Price Target & Analysis

NSE:DREDGECORP

808.47

VWAP

824.4

Open

805.65

Close

824.4

High

800

Low

1457.95

52 Week High

806.65 ⇧
1.00 (0.12%)

DREDGECORP

(Miscellaneous)
31.5% Momentum

Turnaround Potential

506.5

52 Week Low

N/A

EPS

64.08

PE

1.79

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: DREDGECORP Share Price Financial Analysis & Valuation

Dredging Corporation of India Limited (DREDGECORP) is broadly categorized in Miscellaneous segment industry which deals in Miscellaneous vertical. It is one of Micro Cap company with Market Capitalization of Rs 873.5 (in Cr). Total number of free float shares are 2.8 (in Lacs). Dredging Corporation of India Limited is listed on NSE with Exchange ID - INE506A01018 and trading code is NSE:DREDGECORP with short name Dredging Corp.

In the past 1 year, Dredging Corporation of India Limited has declared an equity dividend of Rs 0 per share. At the current share price of DREDGECORP at Rs 806.65, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:DREDGECORP, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine DREDGECORP underlying value and future prospects. All of this data is available in DREDGECORP financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:DREDGECORP, it is clearly understood that DREDGECORP is Uncertain performer in terms of earnings and profit margins with an EPS of 0. NSE:DREDGECORP book value per share as of today is 451.29. The current price to book ratio for DREDGECORP as of Nov 23, 2024 is 1.79.

Valuation of the Stock: The current valuation of DREDGECORP stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of DREDGECORP whether to BUY this stock at current valuation. The delivery percentage of DREDGECORP is 46.43% is very crucial parameter which shows that 46.43% investors are anticipating that the price of DREDGECORP share should go up with VWAP at 808.47.

Now, the main question is whether to BUY or SELL, NSE:DREDGECORP at current valuation.
As per latest Analysis No. #1039:-

⇑ STRONG BUY DREDGECORP if All Greens

⇗ BUY DREDGECORP (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD DREDGECORP (With Stop Loss) if only 1 Green

⇘ SELL DREDGECORP if NO Green Indicator

NSE: DREDGECORP Share Price Today (Nov 23, 2024)

(Dredging Corporation of India Limited Daily Analysis on the basis of DREDGECORP Intraday Graph & Trend)

Dredging Corporation of India Limited share price moved Up by 0.12% from its previous close of Rs 805.65. DREDGECORP stock last traded price is 806.65. DREDGECORP share price trend is Up with a total of 28424 stocks traded till now. It has touched an intraday high of Rs 824.4 and an intraday low of Rs 800. The DREDGECORP trading at 806.65, Up by Rs. 1.00, or 0.12 percent which suggests that most of the Traders are anticipating that the price of DREDGECORP share should go Up.

NSE: DREDGECORP Share Price Tomorrow Prediction

(Dredging Corporation of India Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of DREDGECORP)

Dredging Corporation of India Limited share price moved Up by 0.12%. DREDGECORP share price short term trend is Up. It suggests that DREDGECORP Share Price for Tomorrow remains the same with VWAP at 808.47 will be treated as stop loss for intraday traders. Dredging Corporation of India Limited Long term investors can follow the DREDGECORP long term trend as mentiond in future forecast table.

NSE Code

NSE: DREDGECORP

DREDGECORP Share Price Today

 806.65

DREDGECORP Share Price Target Prediction for 2024 ^

 531 - 1045.2

DREDGECORP Share Price Target Prediction for 2025*^

 1045.2 - 1087

DREDGECORP Share Price Target Prediction for 2026*^

 1087 - 1141.4

DREDGECORP Share Price Target Prediction for 2027*^

 1198

DREDGECORP Share Price Target Prediction for 2028*^

 1210

DREDGECORP Share Price Target Prediction for 2030*^

 1307
DREDGECORP Current Book Value 2023
449

*Dredging Corporation of India Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^DREDGECORP share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

DREDGECORP Technical Analysis

Candlestick Pattern: @862.7

DREDGECORP Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 944.98 SELL 932.06 SELL
MA_12 991.74 SELL 974.63 SELL
MA_20 984.95 SELL 986.3 SELL
MA_32 1021.98 SELL 992.84 SELL
MA_50 979.2 SELL 995.76 SELL
MA_100 1026.86 SELL 991.66 SELL
MA_200 930.01 SELL 911.1 SELL

DREDGECORP Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 883.62 OverSold
MACD -15.79 SELL
ADX 18.3 NO or Weak Trend
DMI (+/-) 17.47 / 33.02 Downtrend

DREDGECORP Momentum Oscillators

BUY (2) NEUTRAL (2) SELL (8)
Momentum Oscillators Value Action
RSI 32.15 Neutral
STOCHASTIC_K (Fast) -3.73 Oversold
STOCHASTIC_D (Slow) -2.64 Oversold
CCI -202.01 SELL
PSAR 1075.37 SELL
TRUE RANGE 45.4 BUY
ATR 50.27 BUY
WILLIAMS R -100 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -267.7 SELL

DREDGECORP Last 1 Year Trend

Duration Value
1 Year 76.12%
3 Months -7.1%
1 Month -23.68%
1 Week -18.7%

DREDGECORP Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 10%
SELL 83%

Most popular Questions & Answers about DREDGECORP


Dredging Corporation of India Limited stock last traded price is 806.65. DREDGECORP share price moved Up by 0.12% from its previous close of Rs 805.65.

Dredging Corporation of India Limited share price trend is Up with a total of 28424 stocks traded till now. It has touched an intraday high of Rs 1472.5295 and an intraday low of Rs 800. The DREDGECORP trading at 806.65, Up by Rs. 1.00, or 0.12 percent which suggests that most of the Traders are anticipating that the price of DREDGECORP share should go Up and the Stop Loss will be around 808.47.

The market cap of Dredging Corporation of India Limited is ₹873.5 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Dredging Corporation of India Limited as of Nov 22, 2024 is 64.08.

The current price to book ratio for Dredging Corporation of India Limited as of Nov 22, 2024 is 1.79.

The highest price of Dredging Corporation of India Limited stock is ₹1457.95 in the last 52-week.

The lowest price of Dredging Corporation of India Limited stock is ₹506.5 in the last 52-week.

Dredging Corporation of India Limited share trading at ₹806.65, Up by Rs. 1.00, or 0.12 percent which suggests that most of the traders are anticipating that the price of DREDGECORP share should go Up.

In 2023, Stock price target for Dredging Corporation of India Limited (DREDGECORP) are ₹531 on downside and ₹1045.2 on upside. Dredging Corporation of India Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Dredging Corporation of India Limited (DREDGECORP) are ₹1045.2 on downside and ₹1087 on upside. Dredging Corporation of India Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Dredging Corporation of India Limited (DREDGECORP) are ₹1087 on downside and ₹1141.4 on upside. Dredging Corporation of India Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Dredging Corporation of India Limited (DREDGECORP) will be around ₹1210 Dredging Corporation of India Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of DREDGECORP.

The price of Dredging Corporation of India Limited (DREDGECORP) shares moved by 0.12%. The short-term trend for DREDGECORP share price is Up. It implies that the share price of DREDGECORP will stay the same tomorrow and that intraday traders should treat VWAP at 808.47 as a stop loss. Investors with a long-term outlook can track DREDGECORP long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of DREDGECORP stock is Unavailable at this moment. Compared to the current market price of 806.65 INR, the DREDGECORP stock is unpredictable by lack of Insufficient data.

As per the fundamental analysis of Dredging Corporation of India Limited (DREDGECORP), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Dredging Corporation of India Limited book value per share as of today is 451.29. The current price to book ratio for DREDGECORP as of Nov 23, 2024 is 1.79.


NSE:DREDGECORP News & Other Useful Information about DREDGECORP Share Price


Peer Comparison of NSE: DREDGECORP

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Miscellaneous

Company Price EPS BV
GATEWAY 82.90 4.57 37.78
TITAN 3302.00 37.18 162.84
STYLAMIND 2363.75 77.49 316.59
NYKAA 169.40 0.56 5.69
IRCTC 808.60 15 40.37
NAUKRI 7990.00 57.31 1966.04
INTLCONV 80.30 13.36 45.36
MALLCOM 1463.65 58.77 362.51
JUBLFOOD 637.65 2.88 33.52
ANMOL 28.03 2.35 17.62
Updated at: 22 Nov 2024 15:48

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