Lemon Tree Hotels saw its stock rise to Rs. 135.00, marking a 1.73% gain or an increase of 2.30 points from its previous close of Rs. 132.70 on the BSE.

The stock opened at Rs. 132.75, reaching a high of Rs. 135.00, with a low of Rs. 132.75. A total of 4,874 shares have traded hands so far. The company’s stock, part of the BSE group 'A', has a face value of Rs. 10 and has hit a 52-week high of Rs. 158.05 on May 6, 2024, and a 52-week low of Rs. 100.75 on October 26, 2023.

Over the last week, the stock's high and low were Rs. 137.65 and Rs. 131.60 respectively. The company's current market capitalization stands at Rs. 10,513.11 crore.

Ownership in the company is divided with promoters holding 22.80%, institutional investors holding 42.81%, and non-institutional investors holding 34.39%.

Lemon Tree Hotels has recently signed a new property in Gujarat – the Lemon Tree Hotel, Gir. This hotel, to be managed by Carnation Hotels, a subsidiary of Lemon Tree Hotels, is scheduled to open in FY 2030.

The new hotel will have 80 rooms, a restaurant, banquet hall, meeting room, swimming pool, and a spa. Located about 167 km from Rajkot Airport, it is also well connected to the Junagadh and Somnath Railway Stations, situated 60 km and 34 km away respectively. Road access is convenient for both private and public transportation.

Lemon Tree Hotels continues to be a dominant player in India’s mid-priced hotel segment and ranks third overall in the country in terms of ownership and lease of hotel rooms.