Shares of John Cockerill India Ltd surged 3.01% to ₹5,209.95 on Thursday, September 18, after the company announced a major contract win from Tata Steel.
As part of the agreement, John Cockerill will undertake the engineering, design, manufacture, and supply of a push-pull pickling line and spray roaster-acid regeneration plant (ARP) at Tata Steel’s Jamshedpur Tinplate Division in Jharkhand.
The scope of the project also includes supervision of erection and commissioning, ensuring full contractual performance guarantees. The company will supply all necessary equipment for both the pickling line and spray roaster ARP, along with integration support for optimal plant performance.
The contract is expected to strengthen John Cockerill’s position in the domestic steel equipment market and expand its long-term relationship with Tata Steel.
