Lemon Tree Hotels inches up on opening hotel in Jamshedpur
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Lemon Tree Hotels is currently trading at Rs. 146.85, up by 0.10 points or 0.07% from its previous closing of Rs. 146.75 on the BSE.
The scrip opened at Rs. 148.80 and has touched a high and low of Rs. 148.80 and Rs. 146.85 respectively. So far 16841 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.05 on 06-May-2024 and a 52 week low of Rs. 90.15 on 25-Jul-2023.
Last one week high and low of the scrip stood at Rs. 152.20 and Rs. 145.60 respectively. The current market cap of the company is Rs. 11665.83 crore.
The promoters holding in the company stood at 22.88%, while Institutions and Non-Institutions held 42.44% and 34.68% respectively.
Lemon Tree Hotels has opened Lemon Tree Hotel, Centre Point, Jamshedpur. This managed hotel is the first property of the group in Jharkhand. This comfortable hotel features 42 well-appointed rooms, Slounge - a hip recreation bar, Republic of Noodles - the award winning Pan-Asian restaurant, a banquet, a fully equipped fitness center and other public areas.
Jamshedpur, founded by Jamshetji Tata, is home to the conglomerate’s two major arms - Tata Steel and Tata Motors. It is Jharkhand’s largest city and Central Jamshedpur has a vibrant financial and business district. Jamshedpur's private clubs offer activities like golf, tennis, squash, billiards, horse riding and water scootering. Jamshedpur Football Club is an Indian Super League professional football club, based in Jamshedpur, owned by Tata Steel. The city is well-connected to other parts of India through national and state highways.
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.
