John Cockerill India trades jubilantly on bagging order from Jindal Steel Odisha
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John Cockrill India is currently trading at Rs. 1300.00, up by 93.50 points or 7.75% from its previous closing of Rs. 1206.50 on the BSE.
The scrip opened at Rs. 1190.00 and has touched a high and low of Rs. 1380.00 and Rs. 1164.00 respectively. So far 5094 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 1835.00 on 18-Apr-2022 and a 52 week low of Rs. 862.85 on 01-Oct-2021.
Last one week high and low of the scrip stood at Rs. 1380.00 and Rs. 1164.00 respectively. The current market cap of the company is Rs. 652.78 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.21% and 24.79% respectively.
John Cockerill India has bagged an order from Jindal Steel Odisha for supply of Continuous Galvanizing Line (CGL-2) to be installed at the client's Angul, Odisha works. The contract also includes supply of spares for two years for the said CGL-2. The total value of contract of CGL-2 exceeds Rs 160 crore.
John Cockerill India principal activities comprise of customised design, engineering, manufacturing and installation of components of Cold Rolling Mill Complexes, Galvanising Lines, Colour Coating Lines, Tension Levelling Lines, Skin Pass Mills, Acid Regeneration Plants, Wet Flux Lines and Pickling Lines for ferrous and non-ferrous industries worldwide.
