Ambuja Cements shares hit a 9-month high after NCLT approves merger with Adani Cementation, consolidating Adani’s cement operations.

• NCLT Ahmedabad clears Adani Cementation merger; BSE, NSE also raise no objections to the restructuring plan.
• Merger strengthens Adani Group’s unified cement business structure under Ambuja for operational efficiencies.
• ABUJ shares up 11.4% in 2025, outperforming Nifty Next 50’s modest 0.6% gain year-to-date.