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Major Deal Alert! Frontier Springs Secures ₹926 Million to Power Railway Expansion

Updated: June 02, 2025 16:24

Image Source: Equity Bulls
Frontier Springs Ltd. has landed a ₹926 million order for Air Springs Assembly, reinforcing its position as a key supplier to the Indian Railways. The orders come from Rail Coach Factory, Kapurthala, and Modern Coach Factory, Raebareli, and are expected to be executed over the coming quarters.
 
Key Highlights:
  • Major Order Win: The company has secured a ₹926 million contract, boosting its revenue pipeline.
  • Railway Expansion: The order strengthens Frontier Springs’ role in railway infrastructure development.
  • Execution Timeline: Deliveries will be completed in phases over the next few quarters.
  • Market Reaction: Shares of Frontier Springs surged 7.71%, reflecting investor confidence.
  • Industry Impact: The deal underscores growing demand for advanced railway components in India.
With this latest contract, Frontier Springs continues to expand its footprint in the transportation sector, ensuring high-quality components for railway modernization. Investors and stakeholders will be watching closely as the company executes this significant order.
 
Sources: MoneyWorks4Me, SharesBazaar

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