350% rally in YTD! Multibagger stock hits upper circuit; do you own

Spice Lounge Food Works share price was locked at 5% upper circuit on Monday, extending the rally for the third consecutive session. Spice Lounge shares rose 5% to ₹42.88 apiece on the BSE. Spice Lounge Food Works shares have finished higher in six of the past seven trading sessions. The small-cap stock rose 18.6% in these seven sessions. The company recently announced the date of its board meeting to consider business acquisition proposals. The board of Spice Lounge Food Works will meet on 23 October 2025. “… we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, the 23rd Day of October 2025 at 04:00 PM at the Registered Office of the Company, inter alia to consider the following: Business(es)/proposals for acquisition(s)/discuss and discuss subject to such approvals as may be required” Spice Lounge Food Works said in a regulatory filing on October 15 said. Furthermore, the board of directors of the company will also consider and discuss proposals to do any other business with the permission of the chairman. The company has not yet disclosed the details of the acquisition. Spice Lounge Food Works share price Spice Lounge Food Works’ share price has risen more than 7% in one month and more than 17% in the last three months. The small-cap stock gained 340% in six months, while in one year it delivered excellent returns of 790%. Spice Lounge Food Works share price has given multibagger returns of over 3.565% in five years. At 1:05 PM, Spice Lounge Food Works’ share price was still closed at 5% upper circuit of ₹42.88 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage firms, and not of Mint. We advise investors to check with certified experts before making any investment decisions.