Multibagger stock under Rs 45 hit the upper circuit for the second straight trading session!

On Monday, shares of Spice Lounge Food Works Limited hit a 5 per cent Upper Circuit to Rs 41.85 per share from its previous close of Rs 39.86 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. The stock is up from its 200-DMA of 36.78 per share and touched its 50-DMA of Rs 41.85 per share today.

Spice Lounge Food Works Limited (SLFW), a publicly listed food service company, is leveraging over 75 years of combined hospitality expertise to drive India's dining innovation. The company manages and scales more than 13 outlets across two states under a portfolio of leading global and homegrown brands, utilising operational excellence and technology to deliver consistent, high-quality casual, quick-service, and fast-casual dining experiences. Formerly known as Shalimar Agencies Limited, SLFW is making a strategic shift into the experiential market by acquiring Rightfest Hospitality, which operates venues like XORA Bar & Kitchen and SALUD beach club, positioning SLFW as an all-encompassing lifestyle powerhouse targeting affluent millennials and tourists, with the Chairman further authorized to evaluate the acquisition of a majority stake in the international luxury dining group Blackstone Management LLC for a global platform.

The company announced stellar Quarterly Results (Q2FY26) and half-yearly (H1FY26) results. In Q2FY26, the net sales increased by 157 per cent to Rs 46.21 crore and net profit increased by 310 per cent to Rs 3.44 crore compared to Q2FY25. Looking at H1FY26, the net sales increased by 337 per cent to Rs 78.50 crore and net profit increased by 169 per cent to Rs 2.26 crore compared to H1FY25. In FY25, the company reported net sales of Rs 105 crore and net profit of Rs 6 crore.

Spice Lounge Food Works Limited (BSE: 539895) is making a strategic pivot toward becoming a technology-enabled hospitality player by acquiring a 100 per cent stake in Singapore-based Prisha Infotech for USD 150,000. This cash-based acquisition, expected to close within 12 months, will integrate advanced software development and programming capabilities directly into Spice Lounge’s operations to optimise supply chain management and data-driven decision-making. Despite being founded only in 2021, Prisha Infotech brings significant scale to the table with a reported FY2025 turnover of USD 7.86 million, offering Spice Lounge a robust digital foundation to enhance customer engagement across its dine-in and delivery formats. By establishing this global footprint in Singapore, Spice Lounge aims to modernise its multi-format food service portfolio and leverage IT efficiencies to drive scalable, high-tech growth in the competitive food works sector.

The company has a market cap of over Rs 2,900 crore. The stock has given multibagger returns of 444 per cent from its 52-week low of Rs 7.69 per share and a whopping 3,480 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.