Stock Surges 2470% in Five Years, Hits Upper Circuit Amid Market Relief Rally
Spice Lounge Food Works Share Price Hits 5% Upper Circuit
The ₹30.16 upper circuit of Spice Lounge Food Works on the BSE on March 10 was driven by a relief rally on Dalal Street, as the Sensex and Nifty 50 traded higher, tracking positive cues from global markets. The Sensex opened 809.57 points, or 1%, higher at 78,375.73, while the Nifty 50 gained 252.75 points, or 1%, to start the session at 24,280.80.
Despite trimming part of their early gains, both indices traded about 0.6% higher later in the day. Spice Lounge Food Works, a small-cap stock, has been under pressure recently, down 35% in 6 months, 37% in 3 months, and 10% in the last 1 month. However, it has given multibagger returns, surging 254% in the last 1 year and 2,470% in the past 5 years.
Spice Lounge Food Works reported mixed financial performance for the quarter ended December 31, 2025, with contrasting trends in its standalone and consolidated results. On a standalone basis, the company reported a 112.5% year-on-year rise in net profit to ₹2.21 lakh in Q3FY26, compared with ₹1.04 lakh in the same quarter last year. However, profit declined 61% quarter-on-quarter from ₹5.73 lakh reported in the September 2025 quarter.
Spice Lounge Food Works provides information technology services and food and restaurant services across India, the United States, Canada, and other international markets. The company operates under various brands, including eTouch, TekSoft, Buffalo Wild Wings, Wing Zone, and Blaze Kebabs.
Investor Takeaway
Investors should be cautious of the stock's valuation as it is still over 58% away from its 52-week high.
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