Short Term BUY Call from Capita Telepholio

BUY	    : Indian Hume Pipe Company at Rs 375
BSE Code  : 504741
NSE Symbol: INDIANHUME
Market Lot: 1

Indian Hume Pipe Company will benefit from large investments being made  
in improving the country's water infrastructure. The company 
manufactures pipes and undertakes erection and commissioning contracts for water 
supply projects, water treatment systems, irrigation projects, hydro  
electric projects, sanitation and sewerage systems or solid waster 
management systems. 

Actual adjusted EPS for March 2005: Rs 19.9
Actual EPS for March 2006         : Rs 20.1
Projected EPS for March 2007      : Rs  39.2