207.98 9.90(5.00%)
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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 Company's 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 part-finance a Rs 24-cr project to manufacture monocrotophos (MCP) technicals and MCP formulations. MCP is an organo-phosphorous pesticide. The company supplies 50% of MCP to Nagarjuna Fertilizers, a group company, and the remaining 50% is used in formulations. MCP has eco-friendly characteristics and is a fast-acting pesticide useful against a wide range of pests. The company ha...