Lemon Tree Hotels is trading at Rs. 141.50, reflecting a rise of 1.15 points or 0.82% compared to its previous close of Rs. 140.35 on the BSE.

The stock opened at Rs. 140.70 and reached an intraday high of Rs. 144.00, with a low of Rs. 140.70. A total of 42,396 shares have been traded so far.

This BSE group 'A' stock, with a face value of Rs. 10, hit its 52-week high of Rs. 162.25 on January 2, 2025, and its 52-week low of Rs. 112.30 on October 7, 2024. Over the past week, the stock has seen a high of Rs. 144.95 and a low of Rs. 134.00. The company currently holds a market capitalization of Rs. 11,388.54 crore.

The promoter group owns 22.77% of the company, while institutional investors hold 40.81%, and non-institutional investors own 36.43%.

In a significant development, Lemon Tree Hotels has signed a new property in Valsad, Gujarat, which will be managed by its subsidiary, Carnation Hotels. The property is expected to open in FY 2029.

The upcoming hotel will offer 46 well-appointed rooms, two restaurants, a banquet hall, a meeting room, a swimming pool, a spa, and other public amenities. It is strategically located near Surat International Airport (99 km) and Valsad Railway Station (5 km), with excellent road connectivity for public and private transport.

Lemon Tree Hotels is the largest mid-priced hotel chain in India and ranks as the third largest hotel chain overall, based on controlling interest in owned and leased rooms.