Sterlite to consider bonus & stock split

Sterlite Industries India today announced its plans to consider bonus issue and a stock split. According to a release issued by the company to the BSE, the company's board is slated to meet on February 10, 2006, to consider the above mentioned proposals.

Meanwhile, the stock rallied to a high of Rs 1,400, and is now up 5% at Rs 1,375. Around 1.62 lakh shares have changed hands at the counter on the BSE.