The exceptional features of nanomaterials, which offer great promise in the delivery of drugs, high-energy storage devices, wastewater treatment, sensors, treatment of malignancies, etc., have sparked a lot of research interest in recent years. It is imperative that researchers do targeted studies to create new materials that will support the next generation of devices to stay ahead of the rapidly advancing field of nanotechnology. The novel materials generated must be investigated further due to their exceptional electrical, magnetic, and catalytic activity.