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Parle's Melody rides Modi-Meloni viral moment as mistaken-identity stock hits upper circuits

Parle Products' Melody toffee got a global spotlight after a PM Modi-Meloni exchange, with VP Mayank Shah signalling accelerated growth for India's largest toffee brand. Unrelated small-cap Parle Industries logged back-to-back 5% upper circuits as retail investors confused it with the FMCG major exporting to 100 countries.

Parle Products' Melody toffee got a global spotlight after a PM Modi-Meloni exchange, with VP Mayank Shah signalling accelerated growth for India's largest toff

Business Today · Latest · 5/21/2026, 5:38:58 AM · Ask about this →

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