Dredging Corporation Stock Makes Huge Gains
DSIJ Intelligence / 15 Jun 2017
Dredging Corporation is engaged in capital dredging,maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy and marine construction.
Miniratna public sector unit, Dredging Corporation of India is gaining grounds on the bourses during Thursday’s trading session. The stock witnessed a huge spurt in volume by more than 5.64 times.
Dredging Corporation is engaged in capital dredging,maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy and marine construction.
The stock hit an intraday high of Rs 689 per share and an intraday low of Rs 612 per share on the NSE. It hit its 52-week high of Rs 720 per share on March 23, 2017. and 52-week low of Rs 351 per share on November 9, 2017.
It has delivered 68% returns in a period of one year and has outperformed the BSE Small cap and Nifty Service Sector indices over the same time period.
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