Spice Lounge Food Works Share Price: Small-Cap Stock Hits 10% Upper Circuit After ₹21 Crore Order Win

Spice Lounge Food Works Shares Hit 10% Upper Circuit After ₹21 Crore Order

Shares of Spice Lounge Food Works surged to the 10% upper circuit during Wednesday's trading session, August 12, despite weakness across the broader Indian stock market.

The small-cap stock opened at ₹26.67, compared with the previous close of ₹25.39, before climbing to an intraday high of ₹27.92.

The sharp move came after the company announced a new order worth more than ₹21 crore from Xora World.

₹21 Crore Order From Xora World

In an exchange filing dated August 12, Spice Lounge Food Works announced that it had secured a new order or contract from Xora World for live events and entertainment-related activities.

The aggregate order value is more than ₹21 crore.

The company said the order is part of its plans to expand its presence in the live entertainment and events space.

The company also highlighted the revenue potential from its upcoming portfolio of projects.

Financial Results in Focus

Investors are also watching Spice Lounge Food Works ahead of its upcoming quarterly results.

The company's board is scheduled to meet on August 14, 2026, to consider and approve the financial results for the quarter ended June 30, 2026.

The upcoming results could provide further insight into the company's operating performance and financial position.

WingZone Expansion

Spice Lounge Food Works has also been expanding its food business.

Last month, the company announced plans to expand its WingZone brand after the successful launch of its Koramangala outlet.

The company is preparing to open its second outlet in Anjanapura.

The new outlet is expected to offer WingZone's range of wings, burgers, wraps and other value-focused food products, targeting the student and residential communities in South Bengaluru.

Spice Lounge Food Works Share Price Trend

The stock has remained volatile over the near term.

Recent performance highlighted in the source shows

• 1-week gain: More than 12%
• 1-month gain: 14.43%
• YTD performance: Down 26%
• 1-year performance: Down 28%
• 2-year return: Around 500%
• 5-year return: Around 1,255%

The sharp long-term gains have been accompanied by significant near-term volatility.

What Is Driving Investor Interest?

Several developments are currently attracting attention to the stock.

• ₹21 crore+ order from Xora World
• Expansion into the live entertainment and events business
• Upcoming Q1 FY27 results
• Expansion of the WingZone food business
• Strong historical long-term returns
• Recent momentum in the share price

However, the stock's recent volatility and negative one-year and YTD performance remain important factors for investors to consider.

Key Takeaways

• Spice Lounge Food Works shares hit the 10% upper circuit at ₹27.92.
• The company secured a new order worth more than ₹21 crore from Xora World.
• The order relates to live events and entertainment activities.
• The company is scheduled to announce its June-quarter results after the August 14 board meeting.
• The company is expanding its WingZone food business with a second outlet in Anjanapura.
• The stock has gained more than 12% in one week and 14.43% in one month.
• Despite strong historical returns, the stock remains volatile, with negative YTD and one-year performance.

Disclaimer

This article is published solely for educational and informational purposes and should not be considered financial, investment, legal, or tax advice. The information presented is based on publicly available sources and is believed to be accurate at the time of publication; however, TrendRipperX does not guarantee its completeness or accuracy.

TrendRipperX is not registered with the Securities and Exchange Board of India (SEBI) as an Investment Adviser or Research Analyst. Any views expressed are for informational purposes only and do not constitute a recommendation to buy, sell, or hold any security.

Investments in financial markets are subject to market risks. Readers should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.