New Delhi, Sept. 11 -- In a month marked by a sharp sell-off triggered by heightened tensions in the Middle East, some small-cap stocks have managed to withstand the selling pressure, with Spice Lounge Food Works being one of them.

The stock, which has a market capitalisation of less than Rs.2,500 crore, was locked in a 5% upper circuit in Friday's trade on September 11, settling at Rs.33 apiece. It has been experiencing a similar run since the start of September, closing each trading session at the upper circuit limit.

It has been locked under the 5% upper circuit in each of the last nine trading sessions. This massive surge in buying interest has pushed its monthly returns to 56%, outperforming the Nifty Smallcap 100 index by a wide m...