NACL Industries Share Price

NACL Industries Limited (Earlier known as Nagarjuna Agrichem Limited) was incorporated in November, 1986 to engage in hire purchase, leasing and deposit mobilisation. The Company changed its name from Nagarjuna Agrichem Limited to NACL Industries Limited on September 4, 2017. The Company is in the business of crop protection and manufactures both Technicals (Active Ingredient) and Formulations. It manufactures pesticides, insecticides, acaricides, herbicides, fungicides and other plant growth chemicals. The Companys formulation business is mainly in the Indian market and sells through its large retail dealer network spread across India. The Company has a range of branded formulations. It also exports technicals and formulations and does toll manufacture for certain multinational companies.In Oct.94, it came out with a public issue of 23.70 lac shares at a premium of Rs 5, aggregating Rs 3.56 cr, to partfinance a Rs 24cr project to manufacture monocrotophos (MCP) technicals and MCP formulations. MCP is an organophosphorous pesticide. The company supplies 50% of MCP to Nagarjuna Fertilizers, a group company, and the remaining 50% is used in formulations. MCP has ecofriendly characteristics and is a fastacting pesticide useful against a wide range of pests. The company has entered into an agreement with Nagarjuna Fertilisers and Chemicals for marketing MCP formulations under the Nagarjuna brand name.NAL has also commenced commercial production of Acephate with certain additions to the existing plant. It has also identified three new products viz DDVP, Atrazine and Profenofos. Of these, commercial production of Atrazine and Profenofos is expected to commence by end of 1999.During the year 2002, the Company completed the construction of new RD facilities at the Srikakulam Plant. It installed an enterprise wide information system with online connectivity between the plants, warehouses and marketing offices all over India during 2004. It commissioned a Stateoftheart RD Centre at Shadnagar, in Andhra Pradesh in 201213.The Company commercialized manufacturing of two new Technical / Active Ingredients namely Quizalofop Ethyl and Thiamethoxam and also introduced the three new formulated products namely CUBIT (Bisbyribac Sodium 10% SC), Eraze Plus (Pretilachlor 37% EW) and Fenny (Bifenthbin 10% EC) during the year 202021. The Company commercialized manufacturing of three new Technical / Active Ingredients namely Pest Lock Pyriproxyfen 5% + Diafenthiuron 25% SE, Nagastra Strong Pendimethalin 38.7% CS and Hurricane Plus Novaluran 5.25% + Emamectin Benzoate 0.9% SC during the year 202021. The Company commenced Dahej production with a capacity of 6,000 MT in 2022. The first phase of a new plant commissioned at Dahej in FY 2023. It launched manufacturing of two new Technical / Active Ingredients namely: Rozzer and Temboguard to control weeds in maize crops in FY 2023. In 2024, it launched 2 new products, Bushi designed combat mite infestations, and Suraksha SC, aimed at controlling lepidopteran pests.