Small-cap stock under ₹100: Spice Lounge Food Works share price surged 5% upper circuit in Monday’s trading session after the company reported strong quarterly results on November 14.
The small-cap stock opened at ₹56 apiece in the early morning session on Monday, as compared to the previous close of ₹54.16. At 9:20 am, the small-cap multibagger stock hit an intraday high of ₹56.86 per share.
Spice Lounge Food Works share price has been on a significant rally. The stock has risen 39.23% in a month and has given multibagger returns of whopping 222% in just six months.
In terms of year-to-date (YTD), the small-cap stock has rallied 500%, rising from ₹9.56 to the current market level. In fact, the share price has more than doubled its investors’ wealth in just one year by surging 1,021%.
(This is a developing story)
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