Lemon Tree Hotels is currently trading at RS 126.60, up by 0.10 points or 0.08% from its previous closing of RS 126.50 on the BSE.
The stock opened at RS 127.45 and recorded a high of RS 128.00 and a low of RS 125.90 during the session, with 80,137 shares traded so far.
The BSE group 'A' stock, with a face value of RS 10, has touched a 52-week high of RS 162.25 on January 2, 2025, and a 52-week low of RS 112.30 on October 7, 2024. Over the past week, the stock's high and low stood at RS 135.95 and RS 125.65, respectively. The company’s current market capitalization is RS 10,065.49 crore.
The promoter holding in the company stands at 22.77%, while institutional and non-institutional investors hold 40.81% and 36.43%, respectively.
In a key development, Lemon Tree Hotels has signed a new property, Lemon Tree Hotel, Shirdi, Maharashtra, which will be managed by Carnation Hotels, a wholly-owned subsidiary. The hotel is expected to commence operations in FY 2028.
The upcoming Lemon Tree Hotel in Shirdi will feature 50 well-appointed rooms, a restaurant, a banquet hall, a meeting room, a swimming pool, a spa, and other public spaces. The property is conveniently located near Shirdi International Airport (14.8 km) and Sainagar Shirdi Railway Station (3 km), ensuring easy access via road transport as well.
Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel segment and the third largest overall based on controlling interest in owned and leased rooms.