Dredging Corporation of (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Dredging Corporation of India Limited |
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Price: ₹844.65 | ||
| 52 Week Low: ₹574.00 52 Week High: ₹1,457.95 |
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| Market Capital: 2,425.92 Crore (Smallcap) | |||
| Industrials -> Engineering & Construction | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Dredging Corporation of Share Price Target For 2024
- 1.1.1: Dredging Corporation of Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Dredging Corporation of Share Price Target For 2025
- 1.2.1: Dredging Corporation of Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Dredging Corporation of Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Dredging Corporation of Brief Company Overview
- 4: Dredging Corporation of Financial Performance
- 4.0.1: Is Dredging Corporation of A Good Buy For Long Term?
To predict the Dredging Corporation of's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Dredging Corporation of Share Price Target For 2024
The line chart displays the monthly closing prices of Dredging Corporation of with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Dredging Corporation of shares in 2024, see the table below.
Dredging Corporation of Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 899.5 (+6.49%) | Price Action: 13 Dec 2024 High |
| 2024 Target 2 | 886.0 (+4.88%) | Price Action: 16 Dec 2024 Low |
| 2024 Target 1 | 873.25 (+3.38%) | Price Action: 19 Dec 2024 Low |
| Current Price | 844.65 | Dredging Corporation of's share price as of 23 Dec 2024 |
| Stop Loss 1 | 834.09 (-1.26%) | Price Action: Sep 2024 Low |
| Stop Loss 2 | 825.2 (-2.31%) | Price Action: 25 Nov 2024 Low |
| Stop Loss 3 | 815.0 (-3.52%) | Price Action: 19 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Dredging Corporation of is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹889.09 serves as the nearest technical reference point.
Historical Returns: 3-month: -11.72% | 6-month: -22.01% | 1-year: +43.5%
Dredging Corporation of Share Price Target For 2025
The line chart displays the monthly closing prices of Dredging Corporation of with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Dredging Corporation of shares in 2025, see the table below.
Dredging Corporation of Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1500.5 (+77.64%) | Price Action: Chart |
| 2025 Target 2 | 1472.52 (+74.33%) | Price Action: Chart |
| 2025 Target 1 | 1457.94 (+72.59%) | Fibonacci Extension Level 100.00% |
| Current Price | 844.65 | Dredging Corporation of's share price as of 23 Dec 2024 |
| Stop Loss 1 | 694.27 (-17.8%) | Price Action: Chart |
| Stop Loss 2 | 687.33 (-18.63%) | Price Action: Chart |
| Stop Loss 3 | 674.96 (-20.09%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Dredging Corporation of is currently trading at 30.6% of its 52-week range (₹574 - ₹1457.95).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +43.5% | 3-year: +172.22% | 5-year: +158.19%
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Approach 2: Machine Learning By Studying Historical Prices
Dredging Corporation of Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹844.65 | ||
| 2024 | ₹927.45 | +9.8% | ₹941.36 |
| 2025 | ₹1,115.32 | +20.25% | ₹1,132.05 |
| 2026 | ₹1,274.98 | +14.31% | ₹1,294.10 |
| 2027 | ₹1,427.91 | +11.99% | ₹1,449.33 |
| 2028 | ₹1,506.19 | +5.48% | ₹1,528.78 |
| 2029 | ₹1,527.74 | +1.43% | ₹1,616.74 |
| 2030 | ₹1,754.48 | +14.84% | ₹1,784.34 |
| 2031 | ₹1,930.50 | +10.03% | ₹1,959.46 |
| 2032 | ₹2,093.61 | +8.44% | ₹2,125.01 |
| 2033 | ₹2,148.49 | +2.62% | ₹2,180.72 |
| 2034 | ₹2,128.04 | -0.95% | ₹2,287.13 |
| 2035 | ₹2,393.64 | +12.48% | ₹2,454.73 |
| 2036 | ₹2,586.02 | +8.03% | ₹2,624.81 |
| 2037 | ₹2,759.31 | +6.7% | ₹2,800.70 |
| 2038 | ₹2,790.79 | +1.14% | ₹2,832.65 |
| 2039 | ₹2,780.66 | -0.36% | ₹2,957.52 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Dredging Corporation of Brief Company Overview
Company Overview: Dredging Corporation of India Limited Dredging Corporation of India Limited is a leading provider of dredging services in India, serving various ports, the Indian navy, fishing harbors, and other maritime organizations. Established in 1976, the company has...
a strong reputation in the industry for its expertise and commitment to delivering high-quality dredging solutions. Key Products and Services: Capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, and marine construction services. Fleet: 10 trailer suction hopper dredgers, 1 cutter suction dredger, one backhoe dredger, and one inland cutter suction dredger, plus ancillary crafts. Market Presence: Headquartered in Visakhapatnam, India, with a diverse product range meeting the specific needs of customers across the country.Dredging Corporation of Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,425.92 Crore | Market valuation of Dredging Corporation of's shares. |
| Revenue (TTM) | 891.87 Crore | Total revenue generated by Dredging Corporation of over the past twelve months. |
| Net Income (TTM) | -10.87 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -16.45% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -1.22% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-26.21% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
44.16 | Company's total debt divided by total shareholder equity. |
| Total Debt | 558.02 Crore | Sum of Dredging Corporation of's current & long-term financial obligations. |
| Total Cash | 50.28 Crore | Total amount of liquid funds available to Dredging Corporation of. |
| Beta | 1.17 | Beta is greater than 1 indicating that the Dredging Corporation of's price is more volatile than the market. |
Is Dredging Corporation of A Good Buy For Long Term?
Dredging Corporation of India, a small-cap stock with a market capitalization of ₹2,425.92 crore, presents a mixed picture for long-term investors. While its past performance boasts impressive returns (72.71% in the last 12 months and 143.83% over three years), Q1 2024-25 reveals a concerning net loss of ₹10.87 crore despite a revenue of ₹891.87 crore, indicating a weak profit margin of -1.22%. High debt (₹558.02 crore) against a low cash balance (₹50.28 crore) further raises concerns. Therefore, considering the current financial health, it's not a good buy for the long term. Further analysis is recommended before any investment.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
