John Cockerill India Rises 4.06% on Tata Steel Contract Win

Mumbai, September 19, 2025 – Stocks of John Cockerill India Ltd (BSE: 500147) jumped 4.06% to ₹5,262 at 1:23 PM on Friday following the company’s announcement of winning a substantial order from Tata Steel Limited for a state-of-the-art Push-Pull Pickling Line and Acid Regeneration Plant at its Jamshedpur (Tinplate Division) unit.

Stock Performance (as of 1:21 PM IST)

Shares of John Cockerill India are currently trading at ₹5,262, which is a 4.06% gain on September 19, 2025. The stock opened at ₹5,089.90 and moved between an intraday low of ₹5,076.05 and a high of ₹5,313.00, compared with the previous close of ₹5,057.55. Trading volume stood at 24,412 shares, generating a turnover of ₹12.78 crore, while the VWAP (Volume Weighted Average Price) was reported at ₹5,219.28.

The firm presently has a market capitalisation of ₹2,584 crore and a book value per share of ₹413.54. The stock does not presently provide a dividend yield. In the last twelve months, it has moved within a 52-week low of ₹2,383.00 and a 52-week high of ₹6,300.00 and is not far from its historic high of ₹6,443.00.

Project Details

The project, which is to consolidate sustainable steel manufacturing, involves engineering, design, production, and delivery of a closed-loop system with high efficiency containing:

• Push-Pull Pickling Line with 350,000 TPA capacity, which has the ability to process strip widths up to 1350 mm at 120 mpm speed.
• Spray Roaster Acid Regeneration Plant (ARP) with >99.5% efficiency in acid regeneration, which minimizes fresh acid requirement and operating expenses.
• Integration of automation systems and sophisticated emission controls to achieve strong environmental standards.

Management Commentary

Frédéric Martin, Managing Director of John Cockerill India, commented: “This order is a proof of the confidence Tata Steel has in our high-tech capability and robust engineering skills. Our solutions will not only make production more efficient but also support Tata Steel in its sustainability objectives.”

Kishore Tar, Chief Projects & Construction, Tata Steel, remarked: “This project will reinforce operational reliability, minimize environmental footprint, and consolidate our leadership in sustainable steel production.”

John Cockerill India Ltd is a subsidiary of the John Cockerill Group and is a world leader in cold rolling mill complexes and industrial process technologies. It is listed on the BSE SmallCap Index under the Industrial Products sector.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/92fc58ea-8030-4c12-bcfe-fd5e320564c5.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations