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Nagarjuna Agrichem trades jubilantly on entering into development agreement with NISSO

NACL Industries Ltd. | Pesticides & Agrochemicals | Chemicals & Fertilizers | BSE: 524709 | NSE: NACLIND

01 Nov 2016 Evaluate

Nagarjuna Agrichem is currently trading at Rs. 25.85, up by 1.25 points or 5.08% from its previous closing of Rs. 24.60 on the BSE.

The scrip opened at Rs. 24.80 and has touched a high and low of Rs. 26.65 and Rs. 24.75 respectively. So far 286604 shares were traded on the counter.

The BSE group 'XC' stock of face value Rs. 1 has touched a 52 week high of Rs. 28.40 on 06-Jan-2016 and a 52 week low of Rs. 15.00 on 25-Feb-2016.

Last one week high and low of the scrip stood at Rs. 26.65 and Rs. 22.15 respectively. The current market cap of the company is Rs. 409.27 crore.

The promoters holding in the company stood at 74.81%, while institutions and non-institutions held 2.03% and 23.16% respectively.

Nagarjuna Agrichem, has entered into a development agreement with Nippon Soda Company, (NISSO), a premier agrochemical Company based out of Tokyo, Japan, for a new insecticide product to be launched in India, on an exclusive basis.

The company has also entered into exclusive distribution agreement with Asahi Chemical Manufacturing Company, (part of Otsuka), and Arysta Life Science Corporation, the notable agrochemical Companies based out of Japan, for marketing a Plant Growth Regulator (PGR) product namely ‘Atonik’ to be launched in the month of October ,20L6 in India, on an exclusive basis.

Atonik is a unique plant Bio-stimulant which improves Photosynthesis and uptake of nutrients, boosts up plant growth, builds up resistance, increases enzymatic activity and finally increases yield and quality of the crop it is used on. This is used on wide variety of crops and well accepted in America and Europe.

Nagarjuna Agrichem manufactures a comprehensive range of pesticide technicals, formulations and custom manufactured fine chemicals. Nagarjuna Agrichem's product profile includes those tested and certified by best GLP Certified Independent laboratories in Europe & USA. All the products conform to national and international specifications.

NACL Industries Share Price

166.35 -0.65 (-0.39%)

10-Apr-2026 16:59 View Price Chart

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Nagarjuna Agrichem trades jubilantly on entering into development agreement with NISSO

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