India's Aditya Birla Capital rises on RBI's nod for merger with unit
** Shares of Aditya Birla Capital ADTB.NS rise as much as 5.7% to 240 rupees
** The non-banking financial co gets RBI approval for merger with unit Aditya Birla Finance
** Stock above 200-day simple moving avgs since April 3, after Macquarie said ADTB will show strong growth in loans and earnings in next two years
** Avg rating of the 9 analysts is "strong buy" and median PT is 262.5 rupees, ~13% higher than current price - LSEG data
** Stock up 1.8%, extending YTD gains to ~39%; on track to gain for four consecutive years
Reporting by Anuran Sadhu in Bengaluru
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