Spice Lounge Food Works Stock Hits Upper Circuit Amid Market Volatility and Acquisition News

Spice Lounge Food Works shares hit a 5% upper circuit despite a volatile market where the BSE Sensex and Nifty opened lower. The stock, trading below key moving averages with a low RSI, was placed under the ST ASM-4 framework. The company recently announced its plan to acquire Singapore-based Prisha Infotech for USD 150,000, aiming to expand its technology-based solutions in the food service industry.