John Cockerill rallies 5% on bagging Rs 280-crore job from Tinplate Company

So far this calendar year, the stock of this smallcap company has more-than-doubled or rose 127 percent as against 6 percent rise in the Sensex benchmark

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26 Aug, 2025 12:21

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Shares of John Cockerill India jumped 5 percent to the day’s high of Rs 3,000 per share on October 25 after the company bagged a Rs 280-crore order from Tinplate Company of India.

So far this calendar year, the stock of this smallcap company has more-than-doubled with a 127 percent rally as against a 6 percent rise in benchmark Sensex. The scrip of John Cockerill India had hit 52-week high of Rs 3,290 apiece on October 19, 2023.

The S&P BSE Sensex was trading flat at 64,643 levels, as of 10:30am on October 25.

Through an exchange filing, the company informed that the new work order would entail engineering, design, manufacture, and supply of plant and equipment for continuous annealing line to be installed at its Jamshedpur plant. The project is estimated to be completed over a period of 28 months from the effective date.

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The Mumbai-based company is engaged in the manufacturing and installation of cold rolling mill complexes, processing lines, chemical processes, thermal processes, industrial furnaces and automation equipment for ferrous and non-ferrous industries worldwide.

Earlier, John Cockerill India had intimated exchanges that the July-September quarter (Q2FY24) results will be due on November 7.

In the quarter ended in June, the company’s revenue had jumped nearly six-fold to Rs 221 crore from Rs 37 crore from a year ago. It swung to a profit of Rs 4 crore in Q1FY24 from a loss of Rs 5 crore in Q1FY23.

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Over the past five years, the company’s topline has compounded at 10 percent, whereas the bottomline has compounded at 15 percent, suggested data.

That apart, shares of John Cockerill India had a compounded annual growth rate (CAGR) of 34 percent in five years, with 6 percent return on equity (RoE).

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