A small-cap stock under ₹50 jumped 5 per cent to hit its upper circuit of ₹38.69 in morning trade on Monday, October 13, despite weak market sentiment. The stock- Spice Lounge Food Works- opened at ₹38.69 against its previous close of ₹36.85 and rose 5 per cent to the upper circuit level of ₹38.69. It, however, pared gains and traded 2.25 per cent up at ₹37.68 around 10:05 am. Equity benchmark Sensex was 0.44 per cent down at 82,141 at that time.
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