Spice LoungeFood Works Achieves 52-Week High Amid Broader Market Fluctuations

Sep 03 2025 09:45 AM IST
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Spice LoungeFood Works, a small-cap NBFC, reached a new 52-week high of Rs. 48.96, marking a significant annual gain of 962.11%. Despite a recent decline after six days of gains, the stock remains above key moving averages, reflecting a generally positive long-term trend amid mixed broader market performance.
Spice LoungeFood Works, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has made headlines today as its stock price reached a new 52-week high of Rs. 48.96. This milestone comes after a notable performance over the past year, with the stock appreciating an impressive 962.11%, significantly outpacing the Sensex, which has seen a decline of 3.04% during the same period.

Despite this achievement, the stock has experienced a reversal in trend today, falling after six consecutive days of gains. It underperformed its sector by 3.53%, with an intraday low of Rs. 46.1, reflecting a decrease of 5.44%. However, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend.

In the broader market context, the Sensex opened positively but has since dipped, currently trading at 80,061.47, down 0.12%. Notably, small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.61%.
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