*Alert* Capita Telepholio recommends buy call for short term

BUY        : Gujarat Apollo Equipments at Rs 182
BSE Code    : 522217
NSE Symbol    : Not listed
Market Lot    : 1

Sustained growth in investment in roads and highways ensure sustained
growth for this road construction equipment company.

Actual EPS for year ended March 2005    : Rs 7.6
Actual  EPS for year ended March 2006    : Rs 15
Projected  EPS for year ended March 2007    : Rs 22.3