Spice Lounge Food Works Multibagger Stock: A multibagger stock is witnessing tremendous growth in the stock market on Monday, 16th February. Shares of Spice Lounge Food Works have jumped by 4.88 percent during the trading day. The quarterly results of financial year 2026 are being considered as the main reason behind this rise.
The company has attracted the attention of investors with its tremendous performance in the quarterly results. The company’s net profit has increased by more than 100 percent on an annual basis. Let us know about the company’s performance in the stock market…
Company shares proved to be multibagger
In the long run, the company has proved to be a multibagger for stock investors. Investors who have been patient have got great benefits. Talking about the data, the stock has risen by about 24 percent in the last five trading sessions alone.
Whereas in a month it has registered an increase of more than 10 percent. In the last one year, shares of Spice Food Works have given a return of 196.61 percent. At the same time, it has jumped by more than 3,200 percent in a period of five years. Due to this performance the company share is being called multibagger.
Performance of company shares in stock market
On Monday, February 16, around 1:40 pm, a rise was seen in the company shares on BSE. The shares were trading at Rs 40.40, up 4.88 per cent or Rs 1.88. The shares started the trading day at Rs 36.60.
The intraday high of the day was Rs 40.44. The 52 week high level of shares is Rs 72.20 and the 52 week low level is Rs 7.69.
Financial health of the company
The company has announced its quarterly results on 14 February. On standalone basis, the company’s net profit has increased from Rs 1.04 lakh in the same quarter of the last financial year to Rs 2.21 lakh this time.
That means an increase of 112.5 percent has been recorded on an annual basis. However, if compared with the previous September quarter, there is a decline. In comparison, the profit in the current quarter has decreased by about 61 percent as compared to the previous quarter.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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