Lemon Tree Hotels gains on signing new resort in Lonavala
Lemon Tree Hotels is currently trading at Rs. 107.30, up by 0.95 points or 0.89% from its previous closing of Rs. 106.35 on the BSE.
The scrip opened at Rs. 106.85 and has touched a high and low of Rs. 108.50 and Rs. 106.70 respectively. So far 57168 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. 108.50 and Rs. 99.70 respectively. The current market cap of the company is Rs. 8504.77 crore.
The promoters holding in the company stood at 22.28%, while Institutions and Non-Institutions held 40.96% and 36.76% respectively.
Lemon Tree Hotels has signed Lemon Tree Resort in Lonavala, Maharashtra. With 15 operational properties in the state and 14 more in the pipeline, including this signing, the company continues to deepen its presence in Maharashtra, one of India’s most dynamic hospitality markets. The resort will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.
The property will feature 50 well-appointed rooms, a restaurant, banquet, meeting room, swimming pool, spa and fitness center. Lonavala, nestled in the Sahyadri hills, is among the most sought-after leisure destinations in Western India, known for its scenic landscapes, pleasant climate and proximity to Mumbai and Pune. The destination attracts a steady mix of weekend travellers, destination weddings and corporate offsites, making it an ideal location for a branded resort offering.
This addition reflects Lemon Tree Hotels’ continued focus on strengthening its presence across prominent leisure destinations, while complementing its established footprint in key urban centres.
