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Godfrey Phillips Shares Advance on Block Deal (Update1)  

Godfrey Phillips Ltd., India's second-biggest cigarette maker, gained as much as 7.2 percent in Mumbai today after 1.8 percent of its stock changed hands.

The stock reached as high as 1,535 rupees amid a 55-fold surge in its six-month daily average volume. Shares of the New Delhi-based company rose for a seventh day, gaining 4.85 percent to 1,501 rupees at the close of trading.

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