Lemon Tree Hotels surges on signing three new properties in Rajasthan
Lemon Tree Hotels is currently trading at Rs. 167.85, up by 2.60 points or 1.57% from its previous closing of Rs. 165.25 on the BSE.
The scrip opened at Rs. 166.20 and has touched a high and low of Rs. 168.00 and Rs. 165.15 respectively. So far 62496 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 175.00 on 22-Aug-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. 172.20 and Rs. 164.05 respectively. The current market cap of the company is Rs. 13186.94 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 three new properties -- Lemon Tree Premier, Pushkar, Lemon Tree Premier, Ajmer and Keys Lite by Lemon Tree Hotels, Ajmer. These properties shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels.
Lemon Tree Premier, Pushkar will feature 96 well-appointed rooms, a restaurant, a conference room, a swimming pool, a fitness center and a spa along with other public areas. Lemon Tree Premier, Ajmer will feature 78 well-appointed rooms, a restaurant, a lounge, a banquet hall, a conference room, a swimming pool, a fitness center and a spa along with other public areas. Keys Lite by Lemon Tree Hotels, Ajmer will feature 31 well-appointed rooms, a restaurant, a conference room, a fitness center, along with other public areas.
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.
