Fairfield Atlas: Powerful engine
Positive growth and steady expansion plans
We had written about Fairfield Atlas Ltd (Fairfield) (Moneylife, 30 December 2010). At that time, the stock was quoting at Rs60. The stock has since jumped by 102% to Rs121 (as on 17 February 2012). Fairfield makes automobile and industrial transmission gears and systems and caters to OEMs (original equipment manufacturers).
Formerly known as Atlas Gears, Fairfield got its present name with effect from 29 March 2001. It services mainly the agricultural and infrastructure sectors. In addition to the production of transmission gears, it also produces ‘Custom Gearing’ and a propriety item ‘Torque Hubs’. The company is a subsidiary of Fairfield Manufacturing of USA, the largest manufacturer of gears and systems in North America and a member of the Oerlikon group of Switzerland....
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