Lemon Tree Hotels gains on signing new hotel in Maharashtra
Lemon Tree Hotels is currently trading at Rs. 122.05, up by 1.25 points or 1.03% from its previous closing of Rs. 120.80 on the BSE.
The scrip opened at Rs. 122.10 and has touched a high and low of Rs. 122.50 and Rs. 121.70 respectively. So far 12013 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 180.60 on 08-Sep-2025 and a 52 week low of Rs. 99.70 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 128.25 and Rs. 106.70 respectively. The current market cap of the company is Rs. 9570.34 crore.
The promoters holding in the company stood at 22.32%, while Institutions and Non-Institutions held 37.26% and 40.43% respectively.
Lemon Tree Hotels has signed Lemon Tree Hotel, Ahilyanagar in Maharashtra. The property shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels. This hotel will feature 95 well-appointed rooms, a restaurant, banquet hall, meeting room and other recreational amenities including a swimming pool, spa and fitness center.
As a trusted Indian brand, Lemon Tree Hotels continues to prioritize Maharashtra as a cornerstone of its domestic growth strategy. The expansion into Ahilyanagar recognizes the city’s unique dual identity, as a growing hub for corporate and defence-related travel, and as a key transit gateway within Maharashtra. By providing premium, reliable accommodation, this property is uniquely positioned to cater to both the business professional and the discerning traveller in transit to pilgrimage destinations like Shirdi and Shani Shingnapur.
With this signing, Lemon Tree Hotels continues to build a more connected and diversified portfolio, aligned with evolving travel patterns across business and emerging destinations in India.
