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Frontier Springs zooms on bagging orders worth Rs 92.6 crore

30 May 2025 Evaluate

Frontier Springs is currently trading at Rs. 3825.00, up by 273.75 points or 7.71% from its previous closing of Rs. 3551.25 on the BSE.

The scrip opened at Rs. 3579.00 and has touched a high and low of Rs. 3906.35 and Rs. 3565.00 respectively. So far 23034 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 3,906.35 on 30-May-2025 and a 52 week low of Rs. 1365.00 on 08-Aug-2024.

Last one week high and low of the scrip stood at Rs. 3906.35 and Rs. 2850.00 respectively. The current market cap of the company is Rs. 1508.04 crore.

The promoters holding in the company stood at 51.76%, while Non-Institutions held 48.24% in the company.  

Frontier Springs has received orders for Air Springs Assembly aggregating to a total value of Rs 92.6 crore (inclusive of GST) from Rail Coach Factory, Kapurthala and Modern Coach Factory, Raebareli. These orders reaffirm company’s position as a trusted supplier to the Indian Railways and are expected to be executed over the coming quarters.

Frontier Springs, is the world’s leading manufacturer of hot wound springs for transportation, industrial and government applications.





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