Spice Lounge Food Works Shares Surge on Acquisition and Franchise News
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Spice Lounge Food Works Shares Surge on Acquisition and Franchise News

Spice Lounge Food Works, a small-cap company, saw its share price hit the upper circuit following heavy demand, with approximately 1.6 lakh shares traded. This surge follows recent strategic moves, including the acquisition of Prisha Infotech to enhance digital capabilities and expand into international markets. The company also secured exclusive master franchise rights for the global QSR brand Wing Zone, aiming for rapid growth in India's food sector. Financials show a significant revenue increase to ₹46.20 crore in Q2FY25, up from ₹18 crore a year prior.

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