Business

⚡PARLEIND Surges 5% on 'Melody' Buzz, Investor Confusion

By Kabir

Parle Industries Ltd. (BSE: PARLEIND) hit its 5% upper circuit at INR 5.25 amid surging volumes. The rally was driven by misinformed retail excitement after a viral video of Italian PM Giorgia Meloni with 'Melody' toffees. Investors mistook the listed infrastructure firm for the privately held Parle Products, the actual maker of Melody.

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