Capita Telefolio Volume No 13, Issue No 3 dated Saturday, 9th December 2006.

The following recommendation is based on price as on Friday, 8th December 2006.

BUY: Bharat Earth Movers at Rs 976

Now full details:

BUY : Bharat Earth Movers at Rs 976
BSE Code : 500048
NSE Symbol: BEML
Market Lot: 1

Bharat Earth Movers will be a key beneficiary of expected pick-up in investment in mining sector and metro rails.

Actual EPS for March 2005 : Rs 47.7
Actual EPS for March 2006 : Rs 50.9
Projected EPS for March 2007 : Rs 61.2

End of Capita Telefolio Volume No 13, Issue No 3 dated Saturday, 9th December 2006.