Parle Industries shares surged 5% on Tuesday and hit the upper circuit limit. During intraday trading on the BSE, the stock advanced 5% to Rs 5.25 as investors appeared to respond to the viral “Melody” exchange involving PM Narendra Modi and Italian Prime Minister Giorgia Meloni.

Shares of Parle Industries surged 5% and hit the upper circuit after Prime Minister Narendra Modi gifted Melody toffees to Italian Prime Minister Giorgia Meloni. This sparked…

Shares of Parle Industries skyrocketed, hitting the upper circuit after a viral video showed PM Modi gifting Italian PM Giorgia Meloni a packet of Melody toffees in Rome.