Spice Lounge Food Works shares surged dramatically on Wednesday. The smallcap stock hit the 5% upper circuit, closing at ₹34.56 per share. This strong performance came even as the broader market struggled.
Market Context and Stock Movement
Indian stock indices opened lower on Wednesday. The Sensex and Nifty both traded in the red, reflecting cautious investor sentiment. Spice Lounge Food Works initially opened weak at ₹31.28. However, the stock quickly reversed course. It pared all losses and climbed nearly 10% from its intraday low. The rally pushed it to the day's upper price limit.
Key Drivers Behind the Rally
Several factors contributed to the stock's sharp rise. The company recently filed important updates with stock exchanges.
On January 12, Spice Lounge Food Works confirmed it received a certificate from Aarthi Consultants Private Limited. This certificate verifies the dematerialization process for equity shares. According to the filing, share certificates were mutilated and cancelled after proper verification. The respective depository's name was substituted as the registered owner for these dematerialized shares.
The company stated this action complies with SEBI Depositories Regulations. The process covered the period from October 1, 2025, to December 31, 2025. The securities involved remain listed on the same stock exchanges.
Another significant development occurred in December 2025. Spice Lounge Food Works announced the full acquisition of Singapore-based Prisha Infotech. The deal was valued at $150,000. Company management said this acquisition supports long-term expansion and diversification goals. It aims to build a stronger global presence.
Integrating Prisha Infotech's software development capabilities will bolster the company's digital foundation. It also provides a gateway to international markets through Singapore.
Spice Lounge Food Works Share Price Trend Analysis
The stock has faced recent pressure in the short term. Over the last five trading sessions, it declined by 15%. The past month saw a steeper drop of 30%.
Despite these recent dips, the long-term performance tells a different story. Spice Lounge Food Works has delivered multibagger returns to investors. In the last one year alone, the stock skyrocketed by 162%. The five-year return is even more staggering, reaching an incredible 2,853.85%.
The shares trade exclusively on the Bombay Stock Exchange (BSE). The stock reached its 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 educational purposes only. Investors should consult certified financial experts before making any investment decisions.
