Dredging Corporation of India Ltd (DCI) is a government-owned enterprise that plays a vital role in maintaining and developing India’s major and minor ports through dredging and land reclamation. As one of the few specialized dredging service providers in the country, DCI is critical to India’s maritime infrastructure growth. In this article, we’ll explore the Dredging Corporation of India share price target from 2025 to 2030, its market performance, and future growth potential.
| Detail | Value |
|---|---|
| Open | ₹932.90 |
| Previous Close | ₹889.35 |
| Day’s High | ₹954.40 |
| Day’s Low | ₹890.40 |
| Volume | 3,443,025 |
| Value (Lacs) | ₹31,085.35 |
| VWAP | ₹918.94 |
| Beta (Volatility) | 1.59 |
| Market Capitalization | ₹2,527 Cr |
| 52-Week High | ₹1,085.00 |
| 52-Week Low | ₹495.00 |
| Face Value | ₹10 |
| Book Value Per Share | ₹425.14 |
| All-Time High | ₹1,457.95 |
| All-Time Low | ₹121.00 |
| 20D Avg Volume | 5,23,113 |
| 20D Avg Delivery (%) | 17.11% |
Founded in 1976, Dredging Corporation of India Ltd (DCI) is engaged in providing dredging services to major and non-major ports, Indian Navy, and other maritime organizations. It offers capital dredging, maintenance dredging, beach nourishment, and reclamation works, which are vital for port expansion and maintaining navigational channels.
Headquartered in Visakhapatnam, DCI operates a modern fleet of dredgers and has significantly contributed to projects under India’s “Sagarmala” and “Maritime India Vision 2030.”
Key public sector company under the Ministry of Ports, Shipping, and Waterways.
Plays a crucial role in India’s port modernization and coastal development.
Strong asset base with modern dredging vessels.
High promoter holding (73.47%) ensures government backing.
Increasing demand for dredging due to rising port infrastructure investments.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 73.47% |
| Retail & Others | 19.76% |
| Other Domestic Institutions | 4.63% |
| Mutual Funds | 2.00% |
| Foreign Institutions | 0.15% |
This high promoter holding reflects strong government control and confidence in the company’s long-term growth. The rising participation of retail investors indicates increasing trust in DCI’s business prospects.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 900 | 980 |
| 2026 | 1,000 | 1,150 |
| 2027 | 1,180 | 1,300 |
| 2028 | 1,320 | 1,480 |
| 2029 | 1,500 | 1,680 |
| 2030 | 1,700 | 1,950 |
The stock has seen significant momentum, trading near ₹930 levels with high trading volume. Its performance is likely to remain stable as port development and maintenance contracts continue under government initiatives.
Why?
Stable demand for maintenance dredging at major ports.
Support from government maritime projects.
Strong order book visibility for FY2025–26.
Investment Advice: Accumulate on dips for steady medium-term returns.
By 2026, the company’s revenues may rise due to increasing dredging contracts across coastal and river projects.
Why?
Expansion of India’s inland waterways network.
Addition of new dredging equipment and modernization.
Increasing public-private partnerships in port projects.
Investment Advice: Hold for 1–2 years; suitable for investors focused on infrastructure-linked growth.
With modernization and efficiency improvements, DCI could achieve stronger financial performance by 2027.
Why?
Enhanced operational efficiency through upgraded dredgers.
Better revenue mix from capital and maintenance dredging.
Strategic collaborations with global dredging companies.
Investment Advice: Good for medium-term investors seeking exposure to India’s maritime growth story.
By 2028, DCI is expected to benefit from higher profitability and government contracts under maritime infrastructure schemes.
Why?
Increased participation in “Sagarmala” and “Gati Shakti” projects.
Growing focus on deepening Indian ports for larger ships.
Strong balance sheet with rising book value per share.
Investment Advice: Continue systematic investments for long-term capital appreciation.
In 2029, DCI could strengthen its presence across South and Southeast Asia through potential international projects.
Why?
Demand from global port operators and coastal protection projects.
Improved margins through cost optimization.
Supportive policy framework boosting public sector growth.
Investment Advice: Suitable for investors aiming for stable returns and capital safety in government-backed companies.
By 2030, DCI could emerge as one of Asia’s leading dredging companies, backed by technology adoption and sustained infrastructure investments.
Why?
Expansion into international markets.
Consistent growth in maritime trade volume.
Government initiatives for coastal zone development and port deepening.
Investment Advice: Excellent long-term investment opportunity for those seeking growth from India’s infrastructure and shipping boom.
Yes — Dredging Corporation of India Ltd has strong fundamentals and plays a key role in India’s maritime infrastructure development. With rising port traffic, growing dredging needs, and consistent government support, DCI offers long-term potential.
Strategic importance to India’s maritime and defense sectors.
High promoter holding (over 73%) ensures stability.
Consistent revenue from government contracts.
Strong balance sheet with book value of ₹425.14 per share.
Dependence on government tenders for revenue.
High operational costs linked to fuel and vessel maintenance.
Limited private sector competition leading to slower efficiency gains.
Dredging Corporation of India Ltd is a fundamentally strong PSU with a strategic role in India’s port and maritime ecosystem. The company’s steady order inflows, robust government support, and modernization initiatives make it a promising mid-cap stock for long-term investors.
Currently trading near ₹932.90, DCI has the potential to reach a target range of ₹1,700–₹1,950 by 2030, backed by infrastructure expansion and sustained demand for dredging services. For investors looking to benefit from India’s coastal growth story, DCI is a stock worth tracking closely.
1. What is the current share price of Dredging Corporation of India Ltd?
As of November 2025, the share price is around ₹932.90.
2. What is the 52-week high and low of DCI?
The 52-week high is ₹1,085.00 and the 52-week low is ₹495.00.
3. What is DCI’s share price target for 2025?
Analysts project a range of ₹900–₹980 for 2025.
4. Is DCI a good stock to buy?
Yes, for investors seeking long-term exposure to India’s maritime infrastructure sector.
5. What is the promoter holding in DCI?
Promoters hold about 73.47% of the company’s shares.
6. What is DCI’s market capitalization?
The market capitalization is approximately ₹2,527 crore.
7. What is DCI’s book value per share?
The book value per share stands at ₹425.14.
8. How volatile is DCI stock?
With a beta of 1.59, DCI shows relatively high volatility compared to the broader market.
9. What is the future outlook for DCI?
The future looks positive with rising port expansion, dredging demand, and maritime trade.
10. What is the DCI share price target for 2030?
By 2030, DCI’s share price is expected to be between ₹1,700 and ₹1,950.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a certified financial advisor before making investment decisions.
