03 Nov 2025 | 3 Mins Read
PSU stock jumps 18% on major MoUs worth 7 times market capital
Flipitmoney
Dredging Corporation of India Ltd shares surged up to 19% on November 3 after signing 22 MoUs with 16 organisations worth ₹17,645 crore during India Maritime Week. A ₹4,000 crore investment for fleet modernization was also announced. The company will upgrade its fleet, cater to major ports' dredging requirements, and boost market share.