Small-cap multibagger stock Spice Lounge Food Works hit the 5% upper circuit at ₹34.56 apiece in Wednesday's trading session despite weakness in the Indian stock market. Indian benchmark indices - Sensex and Nifty - traded with minor cuts today amid heightened geopolitical risks and trade concerns.
The small-cap stock opened in the red at ₹31.28 in the early morning session. However, it soon pared losses, gaining nearly 10% from the intraday lows.
With today's rise, the small-cap stock snapped its four-day losing run during which it lost over 18%. On BSE, there were only buy orders for the stock, signalling buying interest at lower levels.
There were no new fundamental triggers for the stock. Investors should note that small-cap stocks can experience sharp, often sentiment-driven price swings.
Spice Lounge Food Works recent developments
In December 2025, the company announced the acquisition of a 100% stake in Singapore-based Prisha Infotech for $1,50,000.
“The acquisition aligns with Spice Lounge Food Works Limited’s long-term strategy of expansion, diversification and global presence. The integration of Prisha Infotech’s software development and programming capabilities will strengthen the Company’s digital foundation and enable access to international markets through Singapore,” the company said.
Spice Lounge Food Works share price trend
Spice Lounge Food Works share price has remained under pressure in the near-term. The small-cap stock has fallen 15% in the last five trading sessions and 30% in a month.
However, the small-cap stock has given multibagger returns of whopping 162% in a year and 2,853.85% in the past five years.
Spice Lounge Food Works shares are listed only on the BSE. The small-cap stock hit a 52-week high of ₹72.20 on December 24, 2025, and a 52-week low of ₹7.69 on March 10, 2025.
Disclaimer: This story is for educational purposes only. We advise investors to check with certified experts before making any investment decisions.
