{"id":144458,"date":"2025-02-06T12:21:23","date_gmt":"2025-02-06T06:51:23","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=144458"},"modified":"2025-02-06T17:24:49","modified_gmt":"2025-02-06T11:54:49","slug":"ashish-kacholia-stock-in-focus-after-receiving-order-worth-48-cr-from-dredging-corporation-of-india","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-in-focus-after-receiving-order-worth-48-cr-from-dredging-corporation-of-india\/","title":{"rendered":"Ashish Kacholia stock in focus after receiving order worth \u20b948 Cr from Dredging Corporation of India"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-303071078\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Ashish Kacholia Stock, specializing in providing marine engineering and consultancy services, is in focus upon receiving a work order for ~Rs. 48.45 crores from Dredging Corporation of India Limited.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2354107605\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of Rs. 2,174.03 crores on Thursday, the shares of <a href=\"https:\/\/portal.tradebrains.in\/stocks\/KMEW\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Knowledge Marine &amp; Engineering Works<\/strong> <strong>Ltd<\/strong><\/a><strong> <\/strong>rose upto 0.65 percent making a high of Rs. 2039.90 per share compared to its previous closing price of Rs. 2064.20 per share.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Knowledge Marine &amp; Engineering Works Ltd specializing in providing marine engineering and consultancy services has received a domestic work order from Dredging Corporation of India Limited (DCIL) for approximately Rs. 48.45 crores.<\/p><p>The order is for dredging operations at Deendayal Port, which involves chartering a Trailing Suction Hopper Dredger (TSHD) for dredging in the navigational channel, Kandla Creek, and oil jetties and cargo berths. The contract duration is set for one year and extension upon mutual agreement, which if exercised, could result in a total potential order value of Rs. 96.91 crores.<\/p><div class=\"trade-content_5\" id=\"trade-3920094354\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>KMEW secured a 10 percent stake in the key Deendayal Port Dredging Project, as a part of the Rs. 409 crore dredging initiative. The company\u2019s proven expertise and fleet deployment capabilities will ensure the efficient execution of the project, reinforcing KMEW\u2019s position as a trusted partner in large-scale dredging operations at critical ports like Deendayal.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Ace Investor&nbsp;<\/strong><\/h2><p>The ace investor Ashish Kacholia holds 3,00,000 equity shares of the company, which constitute 2.78 percent.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Management Commentary<\/strong><\/h2><p><strong>Mr. Sujay Kewalramani, CEO of Knowledge Marine &amp; Engineering Works Ltd said: <\/strong>This latest contract win further strengthens our presence at Deendayal Port and underscores the trust placed in us by the Dredging Corporation of India (DCI). Our consistent success in securing such projects highlights our operational excellence and dedication to enhancing India\u2019s maritime infrastructure.<\/p><p>As part of our expansion strategy, we have already deployed a Trailing Suction Hopper Dredger (TSHD) on the eastern coast, and with ongoing developments on the western coast, we are on track to deploy more TSHDs with increased capacity. This marks our fifth order win from DCI, bringing our current order book from DCI to <strong>Rs. 97.11 crore<\/strong>. Additionally, our total order book now stands at <strong>Rs.1,081 crore<\/strong>, reinforcing our strong growth trajectory and long-term business sustainability.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company<\/strong><\/h2><p>Knowledge Marine &amp; Engineering Works Ltd is engaged in owning and operating Marine Crafts, dredging, repair, and maintenance\/refits of Marine Crafts and Marine Infrastructure. The Company provides multiple solutions for marine engineering including dredging at various ports, carrying out repair and refit services for naval and merchant ships, conducting hydrographic and magnetometer surveys, and technical solutions for maintenance and operations of vessels.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-4032666355\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-504917162\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Ashish Kacholia Stock, specializing in providing marine engineering and consultancy services, is in focus upon receiving a work order for ~Rs. 48.45 crores from Dredging Corporation of India Limited. Price action With a market capitalization of Rs. 2,174.03 crores on Thursday, the shares of Knowledge Marine &amp; Engineering Works Ltd rose upto 0.65 percent making [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":122478,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-144458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ashish Kacholia stock in focus after receiving order worth \u20b948 Cr from Dredging Corporation of India - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Ashish Kacholia Stock, specializing in providing marine engineering and consultancy services, is in focus upon receiving a work order for ~Rs. 48.45 crores from Dredging Corporation of India Limited.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-in-focus-after-receiving-order-worth-48-cr-from-dredging-corporation-of-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ashish Kacholia stock in focus after receiving order worth \u20b948 Cr from Dredging Corporation of India\" \/>\n<meta property=\"og:description\" content=\"Ashish Kacholia Stock, specializing in providing marine engineering and consultancy services, is in focus upon receiving a work order for ~Rs. 48.45 crores from Dredging Corporation of India Limited.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-in-focus-after-receiving-order-worth-48-cr-from-dredging-corporation-of-india\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-06T06:51:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-06T11:54:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/04\/Dredging-corporation.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-in-focus-after-receiving-order-worth-48-cr-from-dredging-corporation-of-india\/\",\"url\":\"https:\/\/tradebrains.in\/features\/ashish-kacholia-stock-in-focus-after-receiving-order-worth-48-cr-from-dredging-corporation-of-india\/\",\"name\":\"Ashish Kacholia stock in focus after receiving order worth \u20b948 Cr from Dredging Corporation of India - 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