Ramesh Damani Buys Stake, John Cockerill India Shares Soar 10% in Two Sessions

• John Cockerill India shares jumped nearly 10% over two trading sessions.
• Veteran investor Ramesh Damani acquired a stake in the company through block deals.
• Damani purchased 27,500 shares at over ₹4,700 apiece, a transaction worth nearly ₹13 crore.
• The stake was sold by the company's promoter, John Cockerill SA.
• John Cockerill India manufactures industrial components and energy transition technology.

Why It Matters: Ramesh Damani's stake purchase fuels a significant rally in John Cockerill India shares.