Picked wrong Melody? Parle Industries shares hit 5% upper circuit for 3rd day

During a visit to Italy, Prime Minister Narendra Modi gifted Italian Prime Minister Giorgia Meloni a bag of candies called "Melody." The viral video of the exchange sparked interest in Indian brands and led to marketing campaigns by companies like Air India. The candy's maker, Parle Products, confirmed it is exported to 100 countries. While Parle Industries shares saw a significant jump following the incident, the company has no immediate plans for an initial public offering.