Multibagger Stock Confirms Global Icon Black Coffee Event In Hyderabad; Share Price Gains 218% In 1 Yr

As part of his India tour, Spice Lounge Food Works Limited's immersive and cultural events platform, XORA World, will host globally renowned DJ and Grammy Award-winning artist Black Coffee on April 2, 2026, at Quake Arena in Hyderabad. In order to provide a top-notch live entertainment experience, the event will take place in a carefully planned 50,000 square foot, multi-level immersive venue.

Following the announcement, Spice Lounge Food Works Ltd shares were trading at a lower circuit limit at Rs 29.98 on the BSE as of March 4, 2026, marking a decrease of approximately 4.98% for the session. The company's market cap was Rs 2,089.97 Cr while writing the copy.

Following the previously announced large-scale cultural celebration of Maestro Ilaiyaraaja's 50-year musical journey, the Black Coffee event is part of the company's broader XORA World program. With the long-term goal of developing repeatable, high-impact consumer interaction platforms, XORA World is being created as a proprietary experience vertical component of the company's broader hospitality.

"Global-format entertainment events complement the Company's restaurant and lifestyle brands by driving ecosystem traffic, strengthening recall, and expanding audience demographics. The Company believes that experience-led verticals represent a high-growth adjacency to its core hospitality portfolio and will continue to evaluate curated opportunities within this space," said Spice Lounge Food Works in a regulatory statement.

Mr. Mohan Babu Karjela, Chairman & Director of Spice Lounge Food Works Ltd, said: "The Black Coffee India Tour presentation reinforces XORA World's growing pipeline of large-format cultural and global entertainment experiences. Following our recently announced Ilaiyaraaja milestone celebration, this development signals continuity in our experiential strategy. We are building a structured platform that integrates hospitality, culture, and premium live events into a scalable consumer ecosystem. Our objective is to create long-term brand equity while expanding diversified revenue opportunities for the Company."

A multifaceted hospitality and lifestyle platform, Spice Lounge Food Works Limited specializes in food, beverage, nightlife, and experiential formats. The company runs a number of franchised and genuine brands, including Wing Zone, Xora, Salud, Buffalo Wild Wings, and Blaze Kebabs.

The stock's long-term performance has been marked by "multibagger" returns; in the last year, the share price climbed by more than 218%. During a longer time frame, the stock has produced remarkable returns, including a staggering 2,358% rise during the previous five years. Over the last year, the stock has seen considerable volatility, fluctuating between a 52-week high of Rs 72.20 and a 52-week low of Rs 7.69.