Lemon Tree Hotels is currently trading at RS. 134.60, up by 0.70 points or 0.52% from its previous closing of RS. 133.90 on the BSE.
The stock opened at RS. 132.40 and has touched a high of RS. 134.70 and a low of RS. 132.20. A total of 44,961 shares have been traded so far.
This BSE group 'A' stock, with a face value of RS. 10, recorded 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, the stock's high and low stood at RS. 140.10 and RS. 132.20, respectively. The current market capitalization of the company is RS. 10,544.80 crore.
As per shareholding pattern, promoters hold 22.49%, while institutions and non-institutions own 40.59% and 36.92%, respectively.
The company has signed a Hotel Operation Agreement (HOA) through its wholly-owned subsidiary, Carnation Hotels, for a new hotel project in Greater Noida, Uttar Pradesh. The upcoming property will be operated under the brand name ‘Lemon Tree Suites’, subject to the execution of a license agreement by Lemon Tree Hotels.
Lemon Tree Suites in Greater Noida will feature 336 well-appointed suites, restaurants, a bar, banquet halls, swimming pool, spa, fitness center, and various public areas. The property is located approximately 39 km from Indira Gandhi International Airport and about 13 km from Ghaziabad Railway Station. It also offers excellent connectivity via road, providing easy access to public and private transport options.
Lemon Tree Hotels is India’s largest hotel chain in the mid-priced segment and the third largest overall, based on controlling interest in owned and leased rooms.