Frontier Springs gains on value buying

Frontier Springs shares rose 1.49% to Rs 1,270 as value buying emerged after a recent correction.

The stock tumbled 10.71% over the past six sessions, reflecting sustained selling pressure in recent sessions.

Despite Friday's rebound, the stock remained under pressure over the longer term. It had fallen 7.48% over one week, 9.11% over one month and 14.27% over six months. The stock was down 10.60% year to date and 14.45% over one year.

Frontier Springs had touched a 52-week high of Rs 1,870.05 on 5 August 2026, and a 52-week low of Rs 1,152.75 on 22 September 2026.

Frontier Springs is engaged in manufacturing LHB springs, hot-coiled compression springs, air springs and forged components for railway wagons, locomotives and coaches. The company supplies products to Indian Railways, railway production units and bogie manufacturers, as well as heavy engineering and original equipment manufacturers.

On a standalone basis, Frontier Springs' net profit declined 18.52% to Rs 12.01 crore while net sales rose 4.14% to Rs 78.46 crore in Q1 June 2026 over Q1 June 2025.

Powered by Capital Market - Live News