Penny stock under Rs 10 jumps as Board is likely to announce bonus issue of shares on August 18, 2025

On Monday, shares of Julien Agro Infratech Limited jumped 2 per cent to Rs 8.66 per share from its previous closing of Rs 8.49 per share. The stock’s 52-week high is Rs 17.32 and its 52-week low is Rs 6.55. The stock is up by 32.21 per cent from its 52-week low of Rs 6.55 per share.

Julien Agro Infratech Limited has scheduled a Board of Directors meeting for Monday, August 18, 2025, to consider and potentially approve a proposal for the issuance of bonus Equity Shares to its shareholders. This intimation was made in accordance with Regulation 29(1)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Julien Agro Infratech Ltd, a company established in 1997, initially focused on land development, construction services, and related infrastructure projects. However, in FY23, the company shifted its business strategy to include the manufacturing and trading of agricultural products in India. This transition involved trading raw agricultural commodities, leading to a change in the company's name from Silverpoint Infratech Limited to Julien Agro Infratech Limited on August 25, 2023.

The company has a market cap of Rs 34.3 crore and debtor days have improved from 48.8 to 24.0 days with working capital requirements reduced from 651 days to 12.6 days. In FY25, the company reported net sales of Rs 121 crore and net profit of Rs 1 crore. The company has a good return on equity (ROE) track record: 3 Years ROE 41.3 per cent and the stock is trading at 0.77 times its book value.

Disclaimer: The article is for informational purposes only and not investment advice.