We present the detailed study of magnetic, thermodynamic, and transport properties of polycrystalline NdAgAl₃. The compound crystallizes in BaNiSn₃-type tetragonal structure with the space group I4mm. Magnetic, heat capacity and transport measurements indicate the possible antiferromagnetic nature of the ordering below 2 K. The compound shows the Schottky anomaly in heat capacity data. Magnetoresistance is negative at low temperature.
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