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Shares of listed airbag makers and auto ancillary firms gained after Union Transport Minister Nitin Gadkari mentioned the federal government was making an attempt to make six airbags obligatory in eight-seater autos.Shares of Rane Group firms, one among India’s largest airbag and unique tools producers, rose. Rane (Madras) Ltd., Rane Brake Lining Ltd., Rane Holdings Ltd. and Rane Engine Valve Ltd. all gained greater than 5%.
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