Spice Lounge Food Works: Stock jumps nearly 4,000% in 5 years
Spice Lounge Food Works has seen its share price rocket from just ₹1.17 in 2020 to a peak of ₹72.20 this November.
Even after some recent dips, it's still up 800% in the past year and now values the company at ₹3,351 crore.
Why does this matter?
Here's what's cool: Spice Lounge is fully owned by retail investors—no big promoters calling the shots.
If you'd put in ₹1 lakh five years ago, you'd be sitting on about ₹41 lakh today, easily beating most other investments.
What's fueling the rise?
The company's strong financials and bold expansion moves are key. They've recently bought Rightfest Hospitality to branch out further.
With exclusive franchise rights for brands like Buffalo Wild Wings and even an IT outsourcing arm, Spice Lounge keeps finding new ways to grow—even as some investors take profits.