Julien Agro Infratech, a small-cap company in the civil construction sector, saw its shares rise by 11.08% today after announcing a net profit of Rs 2.04 crore for the quarter ending September 30, 2024. This is a significant turnaround from the net loss of Rs 0.09 crore reported in the same quarter last year. The company has also declared an interim dividend of Re 0.05 per share for the financial year 2024-25.
As of the last trading session, Julien Agro Infratech shares were priced at Rs 29.68 on the BSE, with a market capitalization of Rs 58.73 crore. In its BSE filing dated October 21, 2024, the company stated that the interim dividend will be paid on the 19,789,000 equity shares issued, subscribed, and paid up at a nominal value of Rs 10 each.
The company’s sales for the September 2024 quarter reached Rs 30.71 crore, a notable increase compared to no sales reported in the same period last year. Earnings per share (EPS) for this quarter jumped to Rs 1.03, up from a negative Rs 0.04 in September 2023.
Stock Performance Overview
Julien Agro Infratech shares have shown a diverse performance: they hit a 52-week high of Rs 34.63 on September 11, 2024, and a 52-week low of Rs 22.00 on October 27, 2023. Over the past week, the shares have surged over 12%, although they have slipped 3.51% over the last six months. In the past year, the stock has increased by 26%, and it has delivered an impressive return of 271% over the last five years.
About Julien Agro Infratech
Founded in 1997, Julien Agro Infratech Limited is engaged in the agro-business, focusing on the trading of agricultural products domestically and with a strong emphasis on exports.
Disclaimer: This report is for informational purposes only and does not constitute financial advice. The performance of Julien Agro Infratech shares mentioned herein is subject to market risks, and past performance is not indicative of future results. Investors should conduct their own research and consult with a qualified financial advisor before making investment decisions. The information provided is based on publicly available sources and may not reflect the latest developments or changes.
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