National Fertilizer Share Price Gains On Nano Urea Foray

National Fertilizers Ltd (NFL), a government-owned enterprise and the largest urea producer among CPSEs in India is expanding its product portfolio by venturing into nano urea production. This strategic move is set to enhance the company’s standing in the fertilizer industry while promoting sustainable farming practices.

NFL’s Foray into Nano Urea Production

NFL revealed in a regulatory filing that it will begin manufacturing nano urea using cutting-edge nanotechnology at its Nangal plant. The facility will produce 1.5 lakh bottles of 500 ml per day, targeting improved nutrient uptake and reduced environmental impact.

The company emphasized that nano urea is highly efficient, releasing nitrogen slowly and minimizing greenhouse gas emissions caused by nitrogen loss. Extensive field research is being conducted to evaluate the performance and acceptance of various nano urea variants currently available in the market. NFL’s initiative marks a significant step in offering environmentally friendly alternatives to conventional fertilizers, addressing the needs of Indian agriculture.

NFL’s Position in the Fertilizer Industry

National Fertilizers Ltd. is a key player in the production and marketing of urea, neem-coated urea, bio-fertilizers, and other industrial products. Its diversified product range caters to the evolving needs of Indian farmers. As of 30 September 2024, the Government of India held a 74.71% stake in the company.

The introduction of nano urea strengthens the NFL’s position as a leader in agricultural innovation. The company is actively expanding its agribusiness with alternative fertilizers to improve soil health and support sustainable farming.

NFL share price

National Fertilizers Ltd. (NFL) surged 4%, reaching a high of ₹115, driven by its announcement to produce nano urea at the Nangal plant. The stock has delivered impressive returns of 10% over the past month. The stock currently trades at Rs.112.34 per share.

Conclusion: With its foray into nano urea production, NFL is poised to lead the charge in eco-friendly agricultural practices. This initiative not only reinforces its commitment to sustainability but also secures its position as a frontrunner in the Indian fertilizer industry.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.