Spice Lounge Food Works, a small-cap stock, continued its upward rally on Friday. The stock surged 5% to hit the upper circuit at ₹36.28 per share. This marked the second consecutive session of gains for the company.
Friday's Trading Session
The stock opened at ₹35.80 on Friday morning. This opening price was higher than Wednesday's closing price of ₹34.56. It is important to note that no fresh triggers were reported for this price movement. Investors should remember that small-cap stocks often experience sharp price swings. These movements can be driven more by market sentiment than by fundamental factors.
Recent Strategic Moves
In December 2025, Spice Lounge Food Works announced a significant acquisition. The company acquired full ownership of Singapore-based Prisha Infotech for $150,000. This move represents a strategic expansion into technology-enabled solutions for the food service and hospitality industry.
The company stated that this acquisition aligns with its long-term strategy. The goals are expansion, diversification, and establishing a global presence. Integrating Prisha Infotech's software development capabilities will strengthen the company's digital foundation. It will also enable access to international markets through Singapore.
According to an exchange filing, Prisha Infotech brings valuable expertise. Their focus is on enterprise software, digital platforms, and technology solutions for consumer-facing businesses. This expertise is expected to enhance operational efficiency, improve customer engagement, and support data-driven decision-making across the company's expanding portfolio.
Wing Zone Franchise Expansion
Earlier, the company secured exclusive Master Franchise rights for Wing Zone. Wing Zone is an internationally recognized quick service restaurant brand. It is known for its chicken-based offerings and innovative, flavour-forward menu.
As part of its initial rollout, the company will launch India's first Wing Zone outlet. This outlet will open in Koramangala, Bangalore, in January 2026. Following the Koramangala launch, the company plans to scale up Wing Zone's presence. More outlets are planned for Bengaluru, Hyderabad, and Chennai. A phased expansion into other major cities will follow under a structured, multi-stage growth strategy.
Share Price Performance and Trends
The share price of Spice Lounge Food Works has shown volatility in the near term. Over the past month, the small-cap stock has fallen by 31%. However, it has gained 3% over the last six months.
Taking a broader view, Spice Lounge Food Works shares have proven to be wealth creators. The stock has delivered multibagger returns of 164% in the last one year. Over a five-year period, the returns are an impressive 3000%.
Spice Lounge Food Works shares are listed exclusively on the BSE. The stock reached a 52-week high of ₹72.20 on December 24, 2025. Its 52-week low was ₹7.69, recorded on March 10, 2025.
Disclaimer: This article is for informational purposes only. Investors are advised to consult with a qualified investment advisor before making any financial decisions.
