Published On:October 26 2023
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"John Cockerill Secures ₹280 Crore Project, Stocks Surge"
John Cockerill India Limited witnessed a notable surge of 2.68% in its shares following the company's successful bid for a significant contract from The Tinplate Company of India Limited. This contract encompasses a comprehensive scope, involving engineering, design, manufacturing, and the supply of plant and equipment for a continuous annealing line at the client's Jamshedpur facility.
Valued at ₹280 crore, this contract represents a substantial domestic project for John Cockerill India Limited and is slated to span a period of 28 months. This achievement underscores the company's growing presence in the region and its capacity to undertake complex engineering and manufacturing endeavors.
HBL