Deepak Fertilisers and Petrochemicals Corporation (DFPCL), one of the country's leading fertilizer manufacturers has started commercial production of its new grades of NPK fertilisers under its flagship brand Mahadhan.

The new manufacturing facility at Taloja is installed with the latest INCRO technology and has a provision of manufacturing multiple grades of fertilizers. Being a brown field project, significant cost optimisation is achieved and the total investment is below Rs 8 billion.

This is the only fertilizer plant in India that has one-of-its kind fully automated bagging facility. The new state-of-the art facility is set to augment company's production capacity by almost four times, from the current 3 lakh tonne to 11 lakh tonnes in a phased manner.

Shares of the company gained Rs 3.15, or 1.26%, to trade at Rs 253.50. The total volume of shares traded was 40,969 at the BSE (11.11 a.m., Monday).