31 Oct 2025 | 5 Mins Read
Stock surges 1000% in a year amidst market sell-off
Flipitmoney
Spice Lounge Food Works' share price hit a 5% upper circuit limit despite the Indian market's lukewarm trend. This follows the board's approval to acquire 100% of Rightfest Hospitality, which operates high-end venues in Goa and Hyderabad. Acquisition terms include extending into luxury hospitality and experiential entertainment, with a completion deadline set at a year.