Multibagger stock under Rs 50 Jumps 8.9% From Day’s Low; Board to Announce Q3 & 9M Results on Valentine’s Day
Kiran DSIJCategories: Multibaggers, Penny Stocks, Trending
The stock has given multibagger returns of 329 per cent from its 52-week low of Rs 7.69 per share and a whopping 2,600 per cent in 5 years.
On Tuesday, shares of Spice Lounge Food Works Limited gained 8.91 per cent to Rs 33 per share from its Intraday low of Rs 30.30 per share. The stock has a 52-week high of Rs 72.20 per share and its 52-week low is Rs 7.69 per share.
Spice Lounge Food Works Ltd has informed that a meeting of its Board of Directors is scheduled for Saturday, February 14, 2026, at 3:30 PM to consider and approve the standalone and consolidated unaudited financial results for the third quarter and nine months ended December 31, 2025. Additionally, the Board will discuss any other business matters brought forward with the permission of the Chair.
Furthermore, to celebrate 50 years of musical legacy, Spice Lounge Food Works is hosting a landmark tribute to Maestro Ilaiyaraaja on March 28, 2026, at Hyderabad's Gachibowli Stadium. Orchestrated via XORA World—a cultural arm of the company’s subsidiary, Rightfest—the event honours the composer’s prolific career of over 7,000 songs while marking a major strategic shift for the company. By moving beyond its restaurant roots and into the experiential economy, Spice Lounge is integrating its food and beverage heritage into a wider lifestyle ecosystem. This expansion into curated live events aims to strengthen brand engagement and position the company as a versatile leader in India’s growing entertainment and lifestyle sectors.
About the Company
Spice Lounge Food Works Limited is a lifestyle innovator redefining how people eat and play. By blending a wide array of global flavours with high-energy nightlife and live events, the company manages a dynamic portfolio that includes Blaze Kebabs, Salud, and Buffalo Wild Wings. Committed to "experiential" dining, Spice Lounge continues to scale its multi-category ecosystem across the world’s most influential cities.
The company reported exceptional financial growth for the first half of FY26, highlighted by a 337 per cent surge in H1 net sales to Rs 78.50 crore and a 169 per cent increase in net profit to Rs 2.26 crore compared to the previous year. This momentum was anchored by a dominant second quarter, in which net sales climbed 157 per cent to Rs 46.21 crore and net profit skyrocketed 310 per cent to Rs 3.44 crore year-over-year. These figures demonstrate a rapid acceleration in scale when measured against the full-year performance of FY25, which saw total net sales of Rs 105 crore and a net profit of Rs 6 crore.
The company has a market cap of over Rs 2,200 crore. The stock has given multibagger returns of 329 per cent from its 52-week low of Rs 7.69 per share and a whopping 2,600 per cent in 5 years. Mohana Babu Karjela, a public shareholder, holds a 40.36 per cent stake in the company as of December 2025.
Disclaimer: The article is for informational purposes only and not investment advice.