Lemon Tree Hotels rises on launching fifth property in Kerala
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Lemon Tree Hotels is currently trading at Rs. 73.87, up by 0.11 points or 0.15% from its previous closing of Rs. 73.76 on the BSE.
The scrip opened at Rs. 74.65 and has touched a high and low of Rs. 74.85 and Rs. 73.76 respectively. So far 69310 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 103.30 on 01-Dec-2022 and a 52 week low of Rs. 52.20 on 30-May-2022.
Last one week high and low of the scrip stood at Rs. 77.04 and Rs. 72.85 respectively. The current market cap of the company is Rs. 5859.45 crore.
The promoters holding in the company stood at 23.61%, while Institutions and Non-Institutions held 36.94% and 39.45% respectively.
Lemon Tree Hotels has launched its fifth property in Kerala with Keys Prima by Lemon Tree Hotels, Thekkady. Strategically located near Kumily, a gateway town into Kerala, the hotel is perfectly suited for travellers who want to soak in the tranquillity of nature. This property features 42 well-appointed rooms, complemented by a multi-cuisine restaurant, a meeting room, a fitness center, banquets along with other public areas including Keys Garden, the pristine green space, overlooking the surrounding lush hilly areas making it perfect for outdoor parties and get-togethers.
Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.
