DSIJ Mindshare

Amidst a significant moment for the business, it was granted incentives following their recent report of achieving a net profit worth Rs 10 crore during the quarter concluded on December 31, 2022. The newfound impetus is likely to propel the stock towards further expansion.

These stocks from S&P BSE 250 SmallCap space were trading in the green after strong demand from buyers.        

Owning a state or central PSU stock was once considered an embarrassing choice for investors, but times have changed. In 2023, more and more investors are keen on having a slice of PSU stocks.  

On Wednesday, shares of Dredging Corporation surged 4.45 per cent to Rs 338 per share from its previous closing of Rs 323.60. The stock has a 52-week high of Rs 456.15 and a 52-week low of Rs 248.10.  

The stock has an ROE of 21 per cent and a ROCE of 22 per cent. The stock gave multibagger returns of over 190 per cent in just 3 years.