Lemon Tree Hotels surges on signing new property in Maharashtra
Lemon Tree Hotels is currently trading at Rs. 165.75, up by 2.15 points or 1.31% from its previous closing of Rs. 163.60 on the BSE.
The scrip opened at Rs. 164.00 and has touched a high and low of Rs. 167.00 and Rs. 164.00 respectively. So far 45899 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. 110.55 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 167.85 and Rs. 161.10 respectively. The current market cap of the company is Rs. 13123.56 crore.
The promoters holding in the company stood at 22.28%, while Institutions and Non-Institutions held 41.31% and 36.41% respectively.
Lemon Tree Hotels has signed its latest property, Lemon Tree Resort, Saj by the Mountain, Mahabaleshwar, Maharashtra. This property shall be managed by Carnation Hotels, a wholly-owned subsidiary of the company. It will further strengthen the company’s presence in Maharashtra, while catering to both business and leisure travellers for a fresh, vibrant, and value-driven experience. This hotel will feature 78 well-appointed rooms; a restaurant and a bar; a banquet hall; and recreational facility includes a swimming pool and a spa.
The Pune International Airport is around 147 kms away from the property, while the Pune Railway Station is about 160 kms away. The hotel is well connected by roadways for both public and private transport.
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.
