Super Tannery gains on stock split proposal

DALAL STREET SPIKES

Super Tannery India rose 4 per cent to Rs 73.45 on BSE after its board approved a 5-for-1 stock split. The small-cap company had outperformed the market over the past one month till 11 January 2008, rising 49.83 per cent compared with the Sensex's returns of 3.6 per cent.

The company's principal activity is manufacturing and marketing leather chrome, soles, garments, shoe uppers, shoes and other leather-related products.