Lemon Tree Hotels is currently trading at RS. 136.95, up by 0.85 points or 0.62% from its previous closing of RS. 136.10 on the BSE.
The stock opened at RS. 137.00 and has touched a high and low of RS. 138.25 and RS. 136.90, respectively. A total of 10,085 shares have been traded so far.
The BSE group 'A' stock, with a face value of RS. 10, has recorded 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.
Over the last one week, the stock’s high and low stood at RS. 145.00 and RS. 125.25, respectively. The company's current market capitalization is RS. 10,885.47 crore.
The promoters' holding in the company is 22.77%, while institutions and non-institutions hold 40.81% and 36.43%, respectively.
Meanwhile, Lemon Tree Hotels' 100% indirect wholly owned subsidiary, M/s Arum Hotels, has signed a ‘Concession Agreement’ with Meghalaya Tourism Development Corporation (Government of Meghalaya) for the re-development, operations, and maintenance of Orchid Hotel in Shillong City. This project will be executed under the Design, Build, Finance, Operate, and Transfer (DBFOT) mode on a Public-Private Partnership (PPP) basis. The hotel is proposed to be branded as Aurika.
Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector and the third-largest overall in terms of controlling interest in owned and leased rooms.