Lemon Tree Hotels is trading at RS. 137.85, up by 1.05 points or 0.77% from its previous close of RS. 136.80 on the BSE.
The stock opened at RS. 135.00 and has touched an intraday high of RS. 138.60 and a low of RS. 135.00. A total of 49,104 shares have been traded so far.
A BSE group 'A' stock with a face value of RS. 10, it hit a 52-week high of RS. 162.25 on January 2, 2025, and a 52-week low of RS. 110.55 on April 7, 2025. Over the past week, it recorded a high of RS. 146.75 and a low of RS. 135.00. The company's current market capitalization stands at RS. 10,921.12 crore.
Promoters hold 22.49% of the company, while institutions and non-institutions own 40.59% and 36.92%, respectively.
In a significant expansion, Lemon Tree Hotels has launched its latest managed property, Lemon Tree Hotel, Mira Road in Mumbai. This marks the group’s 13th hotel in Maharashtra. The hotel features 108 well-appointed rooms, a multi-cuisine restaurant (Citrus Café), a fitness center, spa, swimming pool, and conference facilities.
Mumbai, known as the ‘City of Dreams,’ remains a major hub for entertainment, business, and culture. With its strong infrastructure and strategic coastal location, the city is a key gateway for international trade and corporate expansion.
Lemon Tree Hotels is the largest hotel chain in India’s mid-priced sector and the third-largest overall in terms of controlling interest in owned and leased rooms.