The stock’s 14-day relative strength index (RSI) is 51.12. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued.
Shares of smallcap company Spice Lounge Food Works will be in focus as the company has informed exchanges that its board of directors will meet soon to examine and evaluate proposals for the acquisition of one or more entities or businesses. “…meeting of Board of Directors of the Company is scheduled to be held on Thursday, the 23rd Day of October 2025,” the company said in a filing.
Earlier, the board of directors of the company approved a stock split in the ratio of 1:10, which means each share with a face value of Rs 10 was split into shares with a new face value of Re 1. The company had fixed March 13, 2025, as an ex-split date.
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The stock opened in green at Rs 40.50 on the BSE against the previous close of Rs 39.96, representing a gain of 1.35 per cent. In between, the stock touched an intraday low of Rs 39.65. The market cap of the company stood at Rs 2,823.35.
The 52-week high and low of the stock are Rs 50.94 and 4.83, respectively.
The stock’s 14-day relative strength index (RSI) is 51.12. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued.
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