• Source:JND
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Stock Under Rs 50: The shares of small Cap food and hospitality sector company 'Spice Lounge Food Works Ltd' rose nearly 5 per cent during the intraday trade to hit an upper circuit due to massive buying interest amid a rally in the stock market. The equity indices--Sensex and Nifty--were trading sharply higher in afternoon trade on the back of a major correction in crude prices.

The Spice Lounge Food Works' shares started the session with a decent gap-up at Rs 29.94 on BSE against last day's closing of Rs 28.73. The stock continues the momentum further to touch an intraday high and upper circuit at Rs 30.16 per share, up 4.99 per cent.

At the time of writing, the shares were at Rs 30.15, up Rs 1.42 or 4.94 per cent on BSE.

In an earlier exchange filing, the company announced a major expansion into the global entertainment circuit. It said that the company will host Circoloco Mumbai 2026 through its experiential platform, Xora World.

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The event will take place on April 19, 2026, at Jio World Gardens in Mumbai, and it will be India's official entry into the internationally recognised Circoloco brand ecosystem, according to the filing.

Share Price History 2,400% Rally In 5 Years

According to BSE Analytics, the Spice Lounge Food Shares rose over 2,470 per cent in 5 year period, while the stock surged over 600 per cent in 3 years. In a year, the scrip jumped over 200 per cent. However, this year to date, the stock has fallen by over 7 per cent. In the last six and 3 months, the shares corrected 15 and 17 per cent, respectively. In a month, the company shares dipped nearly 3 per cent.

Also Read: Stock Market Today: Sensex, Nifty Trade Higher After Last Day's Crash Amid Sharp Decline In Crude Prices; Details

Stock Market Today

Domestic equity indices were trading higher on value buying following a sharp decline in previous sessions and in Crude prices. At the time of writing, Sensex was at 78,100.40, up 534.24 or 0.69 per cent, while Nifty50 was at 24,203.55, up 175.50 points or 0.73 per cent.

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.


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