The Prime Minister of India distributed sweets in Rome and promoted the wrong stock at home

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Shares of Barley Industries rose by 5% to reach 5.25 roubles. Earlier in Rome, Prime Minister Narendra Modi gave his Italian counterpart a box of tea.

But the merchants gathered in the wrong parliament. The company listed in Mumbai builds the properties, while the Melody company remains private and private.

The stock performance of Parle Industries
shareholding of Barley Industries. source: Google Finance

The Prime Minister of India is rich by mistake

spread Abbreviated ‘मेलोदी’ widely in December 2023 after Meloni posted a selfie with Modi at the 28th conference in Dubai. وسمت عليه #Melodi, referring to voice interference.

تمسك social media users With this joke, the Indians mixed in references to the classic jingle of the melodious melody of Lbarli kalma al-barli kalma to the jingle of the classic melody of the lbarli kalma.

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However, the arrow that rose has nothing to do with the melody of sweets. Barley Industries Ltd., listed on the Bombay Stock Exchange, operates in the real estate sector.

The company changed its name from Barley Software Limited in September 2019. At the time, the actual manufacturer of Melody Solutions is Barley Products Limited, which is Barley for sweets not listed on any stock exchange.

The origins of the company go back to the same company as the Tsohan family, founded in 1929, with three groups: Barley Products, Barley Agro, and Barley Bisleri. It was established شركة برلي إندستريز in 1983 was a wholly owned subsidiary of the company until the financial year 1999-2000.

The incident sheds light once again on how name confusion can lead to speculative purchases in The retail market, often It pushes investors towards unrelated listed companies.



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