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John Cockerill Share Price Jump 7% After Ramesh Damani and Chetan Shah Buy Stake

Written by: Kusum KumariUpdated on: 29 Dec 2025, 7:06 pm IST
John Cockerill share price rose 7% after ace investors Ramesh Damani and Chetan Shah bought shares via bulk deals, boosting investor confidence in the stock.
John Cockerill Share Price
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

John Cockerill India share price gained nearly 7% during intra-day trade on Monday, even as the broader market remained weak. The stock climbed to around ₹5,420 on the BSE after news emerged that well-known investors Ramesh Damani and Chetan Shah bought stakes in the company.

By around 10:38 AM, the stock was trading about 6% higher at ₹5,356, while the BSE Sensex was up just 0.13%.

Details of the Bulk Deal

As per BSE bulk deal data, on December 26, 2025:

  • Ramesh Shrichand Damani bought 27,500 shares at around ₹4,704 per share
  • Chetan Jayantilal Shah purchased 25,000 shares at about ₹4,707 per share

Together, they acquired 52,500 equity shares of John Cockerill India through open market transactions.

Promoter Stake Sale Also Reported

Meanwhile, promoter John Cockerill SA disclosed that it sold 1.96 lakh shares between December 22 and December 26, 2025.

This sale reduced its promoter holding by around 5.29%, with the shares sold representing nearly 3.96% of the company’s total paid-up capital.

Company Overview and Business Focus

John Cockerill India serves as the group’s Indian hub and global centre of excellence for cold rolling mill complexes. The company is a global leader in designing, manufacturing and installing reversible cold rolling mills.

It also provides advanced processing lines, chemical and heat treatment systems, and hydrometallurgical solutions for steel, non-ferrous metals, aviation, forging and casting industries.

Strong Order Inflows Boost Outlook

In the September 2025 quarter, the company’s order intake jumped to about ₹586 crore, nearly 10 times the level seen in the first quarter. Its order backlog almost doubled to over ₹1,100 crore.

Recent order wins include:

  • JSW Steel: ~₹175 crore
  • GSW-GFE: ~₹270 crore
  • Tata Steel: ~₹80 crore
  • Godawari Power & Ispat: ~₹50 crore
  • Jindal India: ~₹40 crore

Management said these wins show rising confidence among major steel producers.

Read More, Coal India Board Approves In-Principle Listing of SECL

Industry Outlook Remains Supportive

While global steel markets face mixed conditions, India and Southeast Asia remain key growth regions due to strong demand from infrastructure, construction and automotive sectors.

Government initiatives such as PM Gati Shakti, the National Infrastructure Pipeline and Make in India are expected to support capacity expansion and modernisation.

Conclusion

John Cockerill’s stock rallied after high-profile investors entered the counter, boosting market confidence. Along with strong order inflows and a positive India-focused outlook, the company appears well-positioned, though broader global steel trends will remain an important factor to watch.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Dec 29, 2025, 1:34 PM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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