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Gail India forms new subsidiary "GAIL Gas Ltd"

Gail India Ltd has announced that a wholly owned subsidiary Company of GAIL (India) Ltd has been formed with the name of "GAIL Gas Ltd" on May 27, 2008.The stock was trading at Rs.400.25, up by Rs.7.95 or 2.03%. The stock hit an intraday high of Rs.403 and low of Rs.388.15.The total traded quantity was 188745 compared to 2 week average of 388973.

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