DREDGECORP· Industrials› Dredging

Dredging Corporation of India Ltd

Stage 3 · Topping · week 7

As of 16 Oct 2026, Dredging Corporation of India is in Stage 3 — topping, where an uptrend loses steam, in week 7 (since 27 Aug 2026). It closed at ₹896, 27.3% below its 52-week high and below its 200-day average, which is falling. In Industrials, 26.3% of stocks are in Stage 2.

Dredging Corporation of India Limited provides dredging services to various ports, the Indian navy, fishing harbors, and other maritime organizations in India. More about the company

₹896.5
-0.49% today
₹2,510 Cr · Small cap
Market Neutral — FadingIndustrials 26.3% in Stage 2-1.5 pts / 20dDredging 0.0%0.0 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

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Momentum

Steady

Edge

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₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-27.3%
₹597.5 lo₹1,232.5 hi
27.3% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 7
1w13w26w
Week 7 — distribution, avoid new longs
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-11.4%
200 DMA: ₹1,011.7 · sloping down
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.27x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↓
MA20 rolling over · -6.5% vs MA50 -4.4%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-9.2%
3M
-10.6%
6M
-7.8%
YTD
-6.5%
1Y
+44.8%
Sector
Industrials
↓ Peaking
Stage 2%
26.3%
20d Δ
-1.5pp
1M return
-0.9%
3M return
-2.4%
Sector Stage-2 % · last 20 days
Sector has 129 Stage 2 leaders. See Industrials Stage 2 →
Industry
Dredging
→ Flat
Stage 2%
0.0%
20d Δ
+0.0pp
1M return
-9.2%
3M return
-10.6%
Industry Stage-2 % · last 20 days
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 14w
S2 19w
S2 16w
S4 21w
S2 18w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 3w → S2 14w → S3 2w → S2 19w → S3 3w → S2 16w → S3 10w → S2 5w → S3 2w → S4 21w → S1 12w → S4 12w → S1 1w → S2 18w → S3 11w → S2 13w → S3 7w current
Total tracked: 169 weeks across 17 stage runs.
Scan Membership
Prop Scan
Latest: 2026-08-26
Pullback Hunter
Latest: 2026-08-21
Breakout Watch
Latest: 2026-05-27
46 appearances in last 60 days. First seen: 2024-05-08.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S3
Wk 7 · Vol 0.27x
2026-10-15S3
Wk 7 · Vol 0.41x
2026-10-14S3
Wk 7 · Vol 0.39x
2026-10-13S3
Wk 7 · Vol 0.28x
2026-10-12S3
Wk 7 · Vol 0.31x
2026-10-09S3
Wk 6 · Vol 0.40x
2026-10-08S3
Wk 6 · Vol 1.19x
2026-10-07S3
Wk 6 · Vol 2.47x
2026-10-06S3
Wk 6 · Vol 0.48x
2026-10-05S3
Wk 6 · Vol 0.75x
2026-10-01S3
Wk 5 · Vol 0.64x
2026-09-30S3
Wk 5 · Vol 0.43x
Sector Peers — Stage 2All →
BHAGYANGR
wk 25 · 0.0% from hi
9.8
LOKESHMACH
wk 28 · -8.0% from hi
8.9
SHIVAUM
wk 28 · 0.0% from hi
8.4
SHREEJISPG
wk 17 · 0.0% from hi
8.4
ROSSTECH
wk 31 · -6.1% from hi
8.2
Moving averages & range
50 DMA
₹1,023.6
200 DMA
₹1,011.7
52W High
₹1,232.5
52W Low
₹597.5
5D Low
₹896.5
Resistance levels (recent highs)
20d High
₹1,017.5
60d High
₹1,189.2
120d High
₹1,232.5
250d High
₹1,232.5
Next resistance
+13.5%
to 20d High
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P/E (TTM)
227.4
Forward —
Earnings Growth (YoY)
+543.8%
Revenue +3.4%
ROE
+0.4%
Profit margin +0.4%
About this companyIndustrials· Dredging

Dredging Corporation of India Limited provides dredging services to various ports, the Indian navy, fishing harbors, and other maritime organizations in India. The company offers capital dredging, maintenance dredging, beach nourishment, land reclamation, inland/shallow water dredging, project management consultancy, and marine construction services. It operates through a fleet of 10 trailer suction hopper dredgers, two cutter suction dredger, one backhoe dredger, and one inland cutter suction dredger, as well as other ancillary crafts. The company has a strategic alliance with Colombo Dockyard PLC for offering ship repair and shipbuilding services. Dredging Corporation of India Limited was incorporated in 1976 and is headquartered in Visakhapatnam, India.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.