Shares of National Fertilizers Ltd. (NFL) rose by 2% following the company’s announcement to launch a cutting-edge nano urea variant at its Nangal plant. This innovative product will be produced at a capacity of 1.5 lakh bottles (500 ml each) per day, using advanced nano technology.
NFL is conducting extensive field trials to assess the product’s effectiveness and market acceptability. Nano urea offers multiple benefits, including enhanced nutrient absorption, a slower nitrogen release rate, and reduced nitrogen loss, contributing to lower greenhouse gas emissions.
As India’s largest urea producer among CPSEs, NFL continues to diversify its agribusiness, offering a wide range of fertilizers, seeds, crop protection products, and alternative fertilizers tailored to Indian soil.
As of 9:50 am, National Fertilizers shares were trading 2.19% higher at Rs 110.73 on the NSE.
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