John Cockerill India Ltd wins order from Jindal India Ltd

Jindal India Limited has entrusted John Cockerill India Limited, with the Engineering, design, manufacture and supply of Equipment for Revamping of Continuous Galvanising Line at the Ranihati plant of Jindal India Limited and also the supervision of erection and commissioning of the line. The total value of contract is around INR 40 crores.

The Company will deliver all critical components required for revamping of the Continuous Galvanising Line (CGL), including, electrolytic cleaning section, a vertical entry accumulator, modification in Furnace, induction dryer and second tension reel. The Company will supervise the erection and commissioning of the line also.

The Revamp of CGL is expected to be operational by early 2026.

Shares of John Cockerill India Ltd was last trading in BSE at Rs. 2544.05 as compared to the previous close of Rs. 2641.65. The total number of shares traded during the day was 4982 in over 604 trades.

The stock hit an intraday high of Rs. 2680.25 and intraday low of 2502.05. The net turnover during the day was Rs. 12934321.00.

Source : Equity Bulls

Keywords

JohnCockerillIndia INE515A01019 IndustrialMachinery OrderWin JindalIndia