Algo version: 0.98b
Dredging Corporation of is listed at the NSE Exchange
Dredging Corporation of [DREDGECORP.NS]
NSE Sector: Industrials Industry:Engineering & Construction

Is Dredging Corporation of stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Dredging Corporation of pays dividends. Last time was Saturday 7th of September 2019 where the investors holding the stock on Wednesday 31st of July 2019 were paid INR3 per share. Over the last 17 times between 2004 and 2019, Dredging Corporation of has paid INR93 with an average of INR5.47 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Dredging Corporation of 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR334.55, you would have made a profit of INR589.20 per share or 176.12%

Yes, the average daily trading liquidity for Dredging Corporation of is INR127 573 thousand. You should therefore be able to get in and out of your positions relatively fast.

Dredging Corporation of has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.64, the company's ability to pay off the debt is good. The company has a very low net profit margin of 3.77%, which is challenging.

We have calculated the inflation risk for Dredging Corporation of to be low [0.35 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.