John Cockerill India soars on receiving order worth Rs 280 crore
John Cockerill India is currently trading at Rs. 2950.00, up by 100.35 points or 3.52% from its previous closing of Rs. 2849.65 on the BSE.
The scrip opened at Rs. 2960.00 and has touched a high and low of Rs. 3000.00 and Rs. 2893.95 respectively. So far 3033 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 3290.00 on 19-Oct-2023 and a 52 week low of Rs. 1135.65 on 04-Nov-2022.
Last one week high and low of the scrip stood at Rs. 3290.00 and Rs. 2810.00 respectively. The current market cap of the company is Rs. 1407.10 crore.
The promoters holding in the company stood at 75.00%, while Non-Institutions held 25.00% stake in the company.
John Cockerill India has received order worth Rs 280 crore from Tinplate Company of India for Engineering, design, manufacture and supply of Plant & Equipment for Continuous Annealing Line to be installed at the client's Jamshedpur plant and also the supervision of erection of the line. The order is required to be completed by the company over a period of 28 months from the effective date.
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.
