A total of 13,652 shares were traded on the BSE

The stock has rallied 30% from the low of Rs 280.30 on 24 July to Rs 364.45 on 10 August 2006 on stock-split and good Q1 results.

Super Spinning Mills has announced 8 September 2006 as the record date for the purpose of the 10:1 stock split.

Super Spinning Mills had tie up with Syngenta India, an agri-business company that offers crop protection solutions, to introduce quantity & quality (Q&Q) project in cotton under contract farming in Tamil Nadu.

In March, the company clinched Rs 30-crore deal to buy-out a spinning plant in Turkey. The deal is part of the Rs 46- crore project chalked out to establish its new spinning plant under the banner Super Sara, which will take order from the Super Spinning Mills management.

The company has also chalked out plans to enlarge its spinning capacity from the present 1.35 lakh spindles to close to two lakh spindles by end of 2007 through a mix of acquisition of running spindles and new spindle investments.

Super Spinning Mills is mainly into the production of cotton yarn.

Super Spinning Mills registered a net profit growth of 4.6% to Rs 4.76 crore (Rs 4.55 crore) in Q1 June 2006. Net sales during the period increased to Rs 86.53 crore (Rs 87.74 crore).