Synopsis: The shares of this small-cap stock was in the news today after it announced the obtaining of franchise rights for Wingzone, an international QSR brand.

The shares of this company, which provides computer and outsourcing services in the information technology sector, which includes data, voice, or video collection and processing, and call center services, were in focus today after the press release of the company stating the securing of a license for Wingzone.

With a market cap of Rs 3,694 crore, the shares of Spice Lounge Food Works Ltd reached a high of Rs 52.99 compared to its previous day’s closing price of Rs 50.47, hitting the 5% upper-circuit in today’s trading session. The shares have given a return of 4,429% since their listing in Jan 2021 and are trading at a PE of

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