The shares of Frontier Springs, a company connected to the auto components and equipment industry, saw a strong rise on Wednesday. The company’s shares increased by about 5 percent and reached Rs 4650 on the BSE.
Over the past year, Frontier Springs’ shares have gained more than 140 percent. In the last five years, the company has delivered an impressive return of more than 1500 percent, making it a multibagger stock.
Frontier Springs is now planning to reward its shareholders by issuing bonus shares for the first time.
Bonus Shares Announcement
Frontier Springs Limited has announced bonus shares in the 2:1 ratio. This means the company will give 2 bonus shares for every 1 share held by investors.
The record date for the bonus shares is March 13, 2026, and the shares will trade according to this record date during the week.
Frontier Springs Limited manufactures heavy-duty springs and forging components used in the transportation sector, especially for Indian Railways.
The company produces hot-coiled compression springs, leaf springs, and precision forgings.
These coil springs are supplied for wagons, carriages, and locomotives, and they are also used in the high-speed Vande Bharat Express trains.
Strong Performance Over the Years
Frontier Springs shares have delivered outstanding returns in recent years. Five years ago, on March 12, 2021, the company’s shares were trading at Rs 282.20.
By March 11, 2026, the price had climbed to Rs 4650, representing a gain of more than 1500 percent.
Over the last four years, the shares have surged by more than 1565 percent. In the past three years, the stock has increased by about 1120 percent, while in the last two years, it has gained around 325 percent.
Performance in the Last One Year
In the past year alone, Frontier Springs shares have risen by more than 140 percent. The stock was trading at Rs 1950.95 on March 11, 2025, and reached Rs 4650 on March 11, 2026.
So far in 2026, the shares have gained over 11 percent. The stock’s 52-week high is Rs 5470, while its 52-week low is Rs 1653.35.
As of Wednesday, March 11, the market capitalization of Frontier Springs Limited has crossed Rs 1815 crore.