Mumbai, September 16 (Patrika English News). Shares of John Cockerill India rose over 3% on Tuesday after the company announced it had secured an order worth around ₹80 crore from Tata Steel.
The stock opened at ₹4,448.00 on the BSE and touched a high of ₹4,579.90 before trading at ₹4,539.75, up by ₹159.00 or 3.63% from the previous close of ₹4,380.75. Around 5,138 shares changed hands during the session. The company’s market capitalisation currently stands at ₹2,246.73 crore.
The order involves engineering, design, manufacturing, and supply of equipment for a push-pull pickling line and an acid regeneration plant to be installed at Tata Steel’s Jamshedpur (Tinplate Division) facility in Jharkhand. The scope also includes supervision of erection and commissioning of the project.
John Cockerill India’s core activities include customised design, engineering, manufacturing, and installation of components for cold rolling mill complexes, galvanising lines, colour coating lines, tension levelling lines, skin pass mills, acid regeneration plants, wet flux lines, and pickling lines catering to both ferrous and non-ferrous industries worldwide.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.