Wednesday Capita Telefolio Volume No 5, Issue No 28 dated Wednesday, 3rd January 2007.

Wednesday Capita Telefolio Volume No 5, Issue No 28 dated Wednesday, 3rd
January 2007.

The following recommendation is based on price as on Wednesday, 3rd January
2007.

BUY: VST Tillers Tractors at Rs 144

Now full details:

BUY : VST Tillers Tractors at Rs 144
BSE Code : 531266
NSE Symbol : Not listed
Face Value : Rs 10

VST enjoys a dominant market share in the tiller business. It also commands
a niche market share in the smaller HP tractors. Government's continued
emphasis on agriculture, increasing rural incomes, growing linkages with
organised retail and good monsoon augurs well for the company's growth
prospects. The company's precision component division is also expected to
bounce back to capitalise on the growing outsourcing opportunity from
overseas customers.

Actual EPS for year ended March 2005 : Rs 10.2
Actual EPS for year ended March 2006 : Rs 12.9
Projected EPS for year ended March 2007: Rs 20.2

End of Capita Telefolio Volume No 5, Issue No 27 dated Wednesday, 3rd
January 2007.