Melody effect: Wrong 'Parle' stock hits 5% upper circuit for 4th day, up 21% since PM Modi's gift for Meloni

PM Modi gifted a bag of "Melody" candies to his Italian counterpart during a recent visit, sparking viral attention. Parle Industries, the company behind the candy, shared the video on social media and highlighted its global reach. The moment has led to a surge in Parle Products' stock price, which is now trading at an all-time high. The company, however, does not currently plan to go public.