Parle Industries stock jumps 5% after Modi gifts Meloni Melody toffees

Parle Industries shares rose 5% intraday to Rs 5.25 after PM Modi presented Italian PM Giorgia Meloni a packet of Parle's Melody toffees during his Italy visit. Meloni's thank-you video on X amplified the brand moment, sparking retail investor interest in the FMCG counter.

— Filed Wed, 20 May, 2026, 14:49 IST · Source Indian Express · Business · Updated

Parle Industries shares jumped 5% intraday to Rs 5.25 after PM Modi gifted Italian PM Giorgia Meloni a packet of Parle's Melody toffees during his Italy visit, with Meloni sharing a thank-you video on X.

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