Lemon Tree Hotels soars on opening new hotel in Gujarat
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Lemon Tree Hotels is currently trading at Rs. 104.30, up by 2.12 points or 2.07% from its previous closing of Rs. 102.18 on the BSE.
The scrip opened at Rs. 103.56 and has touched a high and low of Rs. 106.30 and Rs. 103.25 respectively. So far 530151 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 106.30 on 21-Aug-2023 and a 52 week low of Rs. 66.55 on 29-Aug-2022.
Last one week high and low of the scrip stood at Rs. 106.30 and Rs. 92.50 respectively. The current market cap of the company is Rs. 8095.17 crore.
The promoters holding in the company stood at 23.60%, while Institutions and Non-Institutions held 35.86% and 40.54% respectively.
Lemon Tree Hotels has opened new hotel - Lemon Tree Hotel in Rajkot, Gujarat. This is the sixth property of the group in Gujarat. The hotel has 45 well-appointed rooms and suites complemented by a multi-cuisine coffee shop - Citrus Cafe, as well as a well-equipped fitness center and a refreshing swimming pool to keep guests feeling as fresh-as-a-lemon. A host of refreshing facilities and amenities, coupled with warm and friendly service make this hotel a preferred option for both business and leisure travelers as well as city dwellers.
The hotel is strategically situated in the city and is well-connected by both public and private transport. The closest airport is the Hirasar International Airport, Rajkot at an approximate distance of 2 kms and the closest railway station is Rajkot Junction Railway Station at a distance of around 2.5 kms.
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.
