A Memorandum of Understanding was signed with Cochin Shipyard for the construction and repair of dredgers under modernisation initiatives aligned with the Atmanirbhar Bharat programme. Another MoU with NMDC Abu Dhabi focuses on forming a joint venture to enhance operational efficiency and global competitiveness. On Friday (November 1), shares of Dredging Corporation of India Ltd ended at ₹740.80, up by ₹13.45, or 1.85%, on the BSE.