John Cockerill India Shares Jump 3% on ₹50 Crore Cold Rolling Mill Order and Major Furnace Contract

Mumbai, September 9, 2025 – John Cockerill India Ltd (BSE: 500147) stocks jumped 2.91% to ₹4,478 as of 2:21 p.m. IST Tuesday, rallying on a string of new order announcements. The stock hit an intraday high of ₹4,630 compared to the previous close of ₹4,352.50. The two orders (details later) will be critical in increasing the revenue of the company in the next couple of years.

Two Large Contracts in the Steel Segment

The firm has recently won two big contracts in the steel business, enhancing its project pipeline and sectoral footprint. Godawari Power and Ispat place the first order for its Tilda, Chhattisgarh, facility. The work involves engineering, design, manufacture, and supply of a 6HI Cold Rolling Mill, including supervision of erection and commissioning. The contract has an estimated value of about ₹50 crore and is expected to be completed by the end of 2026.

In another achievement, the company has bagged a large order from JSW JFE Electrical Steel in Nashik. The project pertains to the supply of high-temperature tunnel furnaces and state-of-the-art coil handling systems as part of JSW’s strategy to increase its CRGO steel manufacturing capacity from 50,000 TPA to 250,000 TPA. The project will be delivered by the first quarter of 2027.

Stock Performance Summary (09 Sep 2025 | 2:21 PM IST)

The shares were trading at ₹4,478 on 9 September 2025 at 2:17 PM. This is an increase of 2.91% or a rise of ₹126.45. Shares of John Cockerill India have increased 1.55% over the past month, 61.75% over the past six months, and fallen 13% over the past year.

John Cockerill India Ltd opened the session at ₹4,400.05 and moved between an intraday high of ₹4,630.00 and a low of ₹4,363.20. The company’s market capitalisation currently stands at around ₹2,170 crore. Over the past year, the stock has touched a 52-week high of ₹6,300.00 and a 52-week low of ₹2,383.00. John Cockerill India Ltd, belonging to the international John Cockerill Group, is a market-leading supplier of cold rolling mills, processing lines, and steel treatment technologies.

Management Commentary

John Cockerill India Managing Director Frederic Martin said the JSW JFE contract “demonstrates ongoing confidence in John Cockerill’s technology and expertise” and emphasised its contribution to India’s expanding power infrastructure. Joydeep Bhattacharjee, JSW JFE Electrical Steel Nashik’s CEO, further said the expansion will “fortify India’s self-reliance in high-grade electrical steel production.”.

Company Overview

John Cockerill India Limited is an ISO 9001:2015–certified engineering company under the Belgian John Cockerill Group and was founded in 1986. Based in Mumbai, with manufacturing facilities in Taloja and Hedavali, it provides global solutions in designing, manufacturing, and commissioning of cold-rolling mills, industrial furnaces, processing lines, and related equipment for ferrous and non-ferrous industries.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/bab66754-14bf-4d31-bd27-c5ce9a2a5079.pdf

https://www.bseindia.com/xml-data/corpfiling/AttachLive/adec8ab1-187a-4728-9d57-ac9ee909ad8f.pdf

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