'Melody' frenzy helps investors earn ₹2.5 crore in 2 days as wrong stock continues rising

Shares of Parle Industries, an infrastructure company which got confused as the manufacturer of Melody toffees, rose sharply and hit the upper circuit for the second day in a row. Parle Industries' shares jumped after people confused it with Parle Products, the unlisted company that actually makes Melody. The sharp surge helped investors gain ₹2.5 crore in just 2 days.