Spice Lounge Food Works Ltd Share Price – BSE

IT - Software, Small Cap

Spice Lounge Food Works announced that its Board of Directors has approved the acquisition of 100% stake in Singapore based Prisha Infotech, for a total consideration of $1,50,000 marking a strategic expansion into technology-enabled solutions for the food service and hospitality ecosystem.

The acquisition aligns with Spice Lounge Food Works' long-term strategy of expansion, diversification and global presence. The integration of Prisha Infotech's software development and programming capabilities will strengthen the Company's digital foundation and enable access to international markets through Singapore.

Prisha Infotech brings expertise in enterprise software, digital platforms and technology solutions for consumer-facing businesses, supporting improved operational efficiency, customer engagement and data-driven decision-making across the Company's growing portfolio of brands and outlets.

With this acquisition, Spice Lounge Food Works strengthens its position as a technology-enabled hospitality platform, delivering scalable, efficient, and differentiated experiences across dine-in, delivery and emerging consumption formats.

Powered by Capital Market - Live News

Spice Lounge Food Works will hold a meeting of the Board of Directors of the Company on 17 December 2025.

Powered by Capital Market - Live News

Spice Lounge Food Works has secured the exclusive Master Franchise rights for Wing Zone, an internationally recognised quick service restaurant (QSR) brand renowned for its chicken-based offerings and flavour-forward menu innovation.

Wing Zone, established globally with a strong footprint across multiple international markets, is known for its signature sauces, bold flavours and premium-quality chicken products. With this acquisition, Spice Lounge Food works will lead the development, operations and nationwide expansion of Wing Zone in India.

The Company plans to introduce Wing Zone to consumers across India through a strategic mix of high-street outlets and cloud-kitchen formats, enabling strong accessibility and scalable growth.

As part of its initial rollout phase, the Company will launch India's first Wing Zone outlet in Koramangala, Bangalore, in January 2026.

Powered by Capital Market - Live News

Shares Spice Lounge Food Works of surged 46.79% in eight trading sessions from its recent closing low of Rs 46.80 on 11 September 2025.

The stock hit an all-time high of Rs 68.80 today. On the BSE, 3.41 lakh shares have been traded so far, compared with an average daily volume of 1.70 lakh shares over the past two weeks.

The stock had outperformed the market over the past month, rising 59.21% as against the Sensex's 1.13% rise.

The stock had outperformed the market over the three months, rising 84.93% as against the Sensex's 4.13% jump.

The counter had also outperformed the market in the past year, soaring 1191.35% as against Sensex's 10.66% rise.

On the technical front, the stock's daily RSI (relative strength index) stood at 79.616. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading above its 50-day, 100-day, and 200-day simple moving average (SMA), placed at 45.65, 41.93, and 28.75, respectively. These levels will act as crucial support zones in the near term.

Spice Lounge Food Works is engaged in the business of dealing in shares, bonds, and other securities.

The company?s consolidated net profit surged 20% to Rs 0.06 crore on a 345.5% jump in net sales to Rs 0.49 crore in Q2 FY26 over Q2 FY25.

Powered by Capital Market - Live News