# Small-cap stock under Rs 50 hits 10% upper circuit on new order

2026-08-12T15:38:54+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Spice Lounge Food Works shares hit the 10% upper circuit on Wednesday, trading at Rs 26.67 after opening at Rs 25.39. The jump came despite weak market sentiment on Dalal Street. The stock touched an intraday high of Rs 27.92. The company secured an order worth over Rs 21 crore from Xora World for live events and entertainment. It is also expanding its WingZone brand with a second outlet in Bengaluru. Despite a 500% return over two years, the stock has fallen 26% year-to-date and 28% over the past year.

## Coverage

- livemint.com <https://www.livemint.com/market/stock-market-news/smallcap-stock-under-50-spice-lounge-food-works-hits-10-upper-circuit-despite-weak-trends-on-dalal-street-heres-why-11786514355296.html>

Tags: Bengaluru, entertainment order, small-cap stocks, Spice Lounge Food Works, stock market
Canonical: https://indianopinion.org/small-cap-stock-under-rs-50-hits-10-upper-circuit-on-new-order/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/small-cap-stock-under-rs-50-hits-10-upper-circuit-on-new-order/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.