Shares in NDL Ventures experienced a remarkable uptick on Wednesday, skyrocketing by 20% to hit the upper circuit limit of 117.6 rupees following an announcement that the Competition Commission of India (CCI) approved a merger with Hinduja Leyland Finance. The stock opened at a price of 106.16 rupees, significantly up from its previous closing price of 97.49 rupees, demonstrating a strong market response to the merger approval.

This surge in share prices was particularly notable given the overall downturn in the BSE Sensex and Nifty indices at the time. Specifically, around 9:18 AM, NDL Ventures' stock rose by more than 19% trading at 117.45 rupees, indicating robust buying interest despite market challenges. The approval from the CCI, which confirmed the merger through a public notice, played a crucial role in this swift market response, highlighting investor confidence in the combined entity’s future prospects.

The merger had previously received a No-Objection Certificate (NOC) from the Reserve Bank of India in August 2025, followed by the company’s board approval of the merger scheme in November 2025. This signifies a culmination of regulatory approvals, paving the way for enhanced operations and potentially greater market share for NDL Ventures post-merger. The stock's performance reflects not only the immediate market reaction but also the positive outlook investors have regarding the strategic fit and growth opportunities arising from this merger.