Spice Lounge Food Works Stock Hits 5% Upper Circuit Amid Expansion Plans

Shares of Spice Lounge Food Works surged to a 5% upper circuit at Rs 36.28 on January 16, continuing a strong rally with gains exceeding 3,000% over five years. The company recently approved acquiring Singapore-based Prisha Infotech to enhance its digital capabilities and expand globally. It also secured exclusive Master Franchise rights for the Wing Zone brand, planning its first Indian outlet in Bangalore by January 2026. The stock is under BSE's Short Term Additional Surveillance Measure Stage 4 due to sharp price movements.