PM Narendra Modi’s offering of ‘Melody’ toffees to Italian PM Meloni, turned out to be more than a sweet gesture for Parle Industries. However, it seems that Parle Industries shares have benefitted from the name error.
Share price of gifts hit 5% upper circuit on Wednesday, touching Rs 5.25 apiece on the BSE. Around 8 lakh equity shares of Parle Industries changed hands on stock exchanges today.
Parle Industries is a BSE-listed company. It specializes in infrastructure and real estate development. While, the makers of Melody, also named Parle, is not a listed company. It is a privately owned company.
The maker of Parle Melody chocolate is an FMCG company. Popular brands from the company are Parle-G, Monaco, Hide & Seek, and Mango Bite.
Giorgia Meloni welcomed Prime Minister Narendra Modi upon his arrival in Rome for the final leg of his five-nation tour. PM Modi’s Italy visit comes amid strong momentum in India-Italy relations, with both sides actively advancing the Joint Strategic Action Plan 2025-2029, a broad framework for cooperation across multiple areas.
These include trade–which reached USD 16.77 billion in 2025–investment, with cumulative FDI of USD 3.66 billion (April 2000-September 2025), as well as defence and security, clean energy, innovation, science and technology, and people-to-people exchanges.
PM Modi met Meloni over dinner shortly after arriving in Rome on Tuesday, on the last leg of his five-nation visit.They both then undertook a visit to the iconic Colosseum, where they engaged in deep conversation over a wide range of subjects.
In a post on X, PM Modi shared glimpses of his visit with Meloni and said, ” Upon landing in Rome, had the opportunity to meet Prime Minister Meloni over dinner, followed by a visit to the iconic Colosseum. We exchanged perspectives on a wide range of subjects. Looking forward to our talks today, where we will continue the conversation on how to boost the India-Italy friendship.
With ANI Inputs
