Dredging Corporation of India Shows Strong Stock Recovery Amid Market Volatility

Dredging Corporation of India has experienced a significant uptick in its stock performance today, gaining 12.28% as of May 21, 2025. This surge marks a notable trend reversal after two consecutive days of decline. The stock opened with a robust gain of 11.05% and reached an intraday high of Rs 769.7, reflecting a peak increase of 14.13%.
In terms of volatility, the stock exhibited high fluctuations, with an intraday volatility of 76.28%, calculated from the weighted average price. When examining moving averages, Dredging Corporation's stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Over the past week, the stock has outperformed the broader market, with a 9.02% increase compared to a slight decline in the Sensex. Over the past month, Dredging Corporation has shown a remarkable 23.15% gain, significantly outpacing the Sensex's 2.38% rise. However, the stock's performance over the past year remains negative at -15.63%, contrasting with the Sensex's positive growth of 9.93%.