New Delhi, Nov. 3 -- Multibagger stock Spice Lounge Food Works experienced a 5% upper circuit lock on Monday. The stock has been on a bullish trend for more than five sessions following the announcement of its acquisition of complete ownership of Rightfest Hospitality LLP (Rightfest), indicating a strategic growth move in the rapidly changing landscape of casual dining, quick-service, and technology-driven food experiences in India.

This action transcends the mere acquisition of an entertainment venue operator as it demonstrates a calculated horizontal expansion beyond the company's culinary beginnings into the flourishing experiential lifestyle sector. By utilizing Rightfest's reputable brand, live music events, and premium venue offeri...