In a remarkable move, Spice Lounge Food Works, a small-cap stock priced under ₹50, surged 5% to hit its upper circuit at ₹38.69 on Monday, October 13, defying broader market weakness. Despite the Sensex slipping 0.44% to 82,141, the stock captured attention with its strong early-morning rally.
At the peak, Spice Lounge opened at ₹38.69 against its previous close of ₹36.85. The stock later pared gains slightly, trading around ₹37.68 at 10:05 am. Morning trade volumes reached nearly 19,000 shares, reflecting active participation by investors.
Market Performance Snapshot
- Opening Price: ₹38.69
- Previous Close: ₹36.85
- Upper Circuit: ₹38.69
- Intraday Peak: ₹38.69
- Trade Volume: ~19,000 shares
The movement is noteworthy given the stock’s recent downward pressure. On a monthly basis, Spice Lounge has declined over 7% in October, following an 8% fall in September. This came after the stock snapped a six-month winning streak in September.
Long-Term Performance: A Multibagger Story
Despite recent volatility, the stock’s long-term performance remains impressive:
- Year-to-date gain: Over 290%
- Past 12 months gain: 676%
The stock continues to showcase resilience, drawing interest from investors tracking high-growth small-cap opportunities.
Spice Lounge Food Works: Financial Highlights FY25
The company’s latest annual report highlights a solid financial performance in FY25:
- Consolidated Revenue: ₹105.27 crore
- Consolidated PAT: ₹5.65 crore
- Standalone Profit: ₹19 lakh (up from a loss of ₹5.15 lakh previous year)
These figures underscore the company’s steady growth trajectory, supported by its diverse portfolio in the food and beverage sector.
Business Overview
Spice Lounge Food Works operates across multiple segments in the food and lifestyle space. Key strengths include:
- A variety of food, pub, and lifestyle brands
- Streamlined supply chain and trusted partner network
- Nationwide presence enabling expansion and new opportunities
The company’s strategy positions it well to capitalize on growth opportunities in India’s evolving food and beverage market.
Summary
On stock market today, Spice Lounge Food Works stands out as a small-cap stock demonstrating strong performance even amid broader market pressure. The combination of robust financials, long-term multibagger returns, and a diversified business model keeps the stock in focus for investors tracking high-growth small-cap stories.
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