Small-cap stock under ₹50 Spice Lounge Food Works hits upper circuit for second straight session

Spice Lounge Food Works share price hit the upper circuit for a second consecutive session, climbing around 3% to ₹26.13 apiece on the BSE. The move comes after the company announced it has secured exclusive master franchise rights for American QSR chain Wing Zone in India, with the first outlet launched in Koramangala, Bengaluru and expansion planned in Hyderabad and Chennai. The stock has gained 6% in a week and 7.35% in a month but remains down 28% on a YTD basis.