Shares of John Cockerill India Limited (BSE: 500147) gained 2.68% to ₹4,498 in early trade on Tuesday, September 16, after the company announced it has bagged a significant contract worth approximately ₹80 crore from Tata Steel Limited.
The order includes the engineering, design, manufacture, and supply of Pickling and Acid Regeneration Plants (ARP) for Tata Steel’s Jamshedpur (Tinplate Division) facility in Jharkhand. The scope of work also covers supervision of erection and commissioning processes to ensure compliance with performance standards.
At the time of reporting, John Cockerill India’s stock was trading at ₹4,498, up ₹117.25 from the previous close of ₹4,380.75. The company’s market capitalization currently stands at ₹21.89 billion, with shares moving between ₹4,448 and ₹4,569.95 in today’s session.
The project is scheduled to be completed by mid-2027, strengthening the company’s position in industrial solutions for the steel sector.
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