Lemon Tree Hotels soars on the BSE
Lemon Tree Hotels is currently trading at Rs. 126.00, up by 4.15 points or 3.41% from its previous closing of Rs. 121.85 on the BSE.
The scrip opened at Rs. 121.85 and has touched a high and low of Rs. 126.10 and Rs. 117.50 respectively. So far 265030 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 162.25 on 02-Jan-2025 and a 52 week low of Rs. 112.30 on 07-Oct-2024.
Last one week high and low of the scrip stood at Rs. 131.60 and Rs. 117.50 respectively. The current market cap of the company is Rs. 9970.42 crore.
The promoters holding in the company stood at 22.77%, while Institutions and Non-Institutions held 40.81% and 36.43% respectively.
Lemon Tree Hotels has rebranded Keys Select by Lemon Tree Hotels, Katti-Ma, Chennai to Keys Prima by Lemon Tree Hotels, Katti-Ma, Chennai. This hotel is managed by Carnation Hotels, a subsidiary of the Company.
The renovated hotel has several new facilities to improve the guest experience at various touchpoints. This efficient hotel features 30 well-appointed and newly refurbished rooms and suites, Keys Cafe -a multi-cuisine coffee shop; Unlock Bar - a resto bar and a fully equipped fitness center. Upgrades have also been made in the public areas including the lobby and the reception to create a pleasant first impression upon the guest. The hotel also has expansive banquet spaces and conference facilities to meet the discerning guests’ business and events requirements along with a kid’s room to keep young guests entertained.
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.
