New Delhi, April 6 -- Spice Lounge Food Works share price was locked in at 5% upper circuit, extending its rally for the third consecutive session, amid strong buying momentum and a rebound in the broader Indian stock market. The small-cap stock was up as much as 5% at Rs.27.82 apiece on the BSE.

Spice Lounge Food Works shares hit upper circuit for the third straight session. The stock has jumped 15.7% over these three sessions.

The rally in small-cap stock came amid a strong bounce in the Indian stock market today from early lows. The benchmark indices, Sensex and Nifty 50, gained nearly a percent each. The broader markets outperformed, with the Nifty Midcap 100 and the Nifty Smallcap 100 indices trading more than 1% higher each.

Spic...