The result was announced after market hours on Monday, 10 November 2014.

Meanwhile, the BSE Sensex was up 89.84 points, or 0.32%, to 27,964.57.

On BSE, so far 10,000 shares were traded in the counter, compared with an average volume of 35,722 shares in the past one quarter.

The stock hit a high of Rs 437 and a low of Rs 425 so far during the day. The stock hit a 52-week high of Rs 567 on 22 May 2014. The stock hit a 52-week low of Rs 207.20 on 24 February 2014.

The stock had underperformed the market over the past one month till 10 November 2014, rising 4.91% compared with 6% rise in the Sensex. The scrip had underperformed the market in past one quarter, rising 5.07% as against Sensex's 10.05% rise.

The small-cap company has an equity capital of Rs 28 crore. Face value per share is Rs 10.

State-owned Dredging Corporation of India is the premier dredging company in the country. Dredging is the process of excavating/ or removing soil/or rock from under the water by a dredger. The main objective of dredging is the creation of deeper water to improve navigation. The Government of India (GoI) holds 78.56% stake in the firm (as per the shareholding pattern as on 30 September 2014).