Parle Industries Stock Surges 15% in 3 Days After Modi-Meloni Melody Video

Shares of Parle Industries Ltd surged by 15% over three trading sessions, hitting consecutive daily upper circuits. The rally followed a viral diplomatic video where Prime Minister Narendra Modi gifted a packet of Melody toffees to Italian Prime Minister Giorgia Meloni. However, Parle Industries operates in real estate and infrastructure, whereas the famous Melody candy is manufactured by the unlisted, privately held FMCG giant, Parle Products.