While volatility continues in the stock market on the one hand, on the other hand, there are some investors who are looking for penny stocks with strong fundamentals. The market is at a support level and investors are expecting a pullback rally from here. However, there is also a possibility of a decline in the market if the support level breaks.

Some penny stocks are in a boom amid the volatility in the stock market. Shares of Julian Agro Infratech Ltd rose 14.12 percent to Rs 32.89 per share on Tuesday, as against its previous close of Rs 28.82 per share.

Shares of Julien Agro Infratech Ltd were trading 7.43 percent higher at Rs 30.96 per share at the closing bell on Tuesday. The stock has a 52-week high of Rs 34.63 and a 52-week low of Rs 22.20. The stock is up 48 percent from its 52-week low of Rs 22 per share. The

The Board of Directors has fixed Monday, January 06, 2025, as the "Record Date" for determining the eligibility of equity shareholders for sub-division/split of existing equity shares. Each equity share having a face value of Rs 10 shall be subdivided/split into a specific number of equity shares having a face value of Rs 5 each, subject to necessary approvals. The objective of this sub-division/split is to enhance the liquidity and affordability of the shares of the Company.

Julian Agro Infratech Limited, a company established in the year 1997, initially focused on land development, construction services, and related infrastructure projects. However, in FY 23, the Company changed its business strategy to include manufacturing and trading of agricultural products in India. This change included trading of raw agricultural commodities, which led to the name of the Company being changed from Silverpoint Infratech Limited to Julian Agro Infratech Limited on August 25, 2023.

Further, the Company has achieved another significant milestone by securing an order of unbranded rice worth Rs 120 million after the previous order of Rs 75 million. This significant addition to the portfolio of the company, which has been specializing in agricultural products for the last two years, strengthens its position as a leading player in the market. The
completion of the latest order by December 2024 is expected to contribute significantly to the company's revenue and overall financial performance, further boosting business growth.

The market cap of the company is Rs 61.27 crore and the company is debt-free as of September 2024. In FY 24, the company reported net sales of Rs 21.35 crore and a net profit of Rs 0.05 crore.