15 Oct 2025

Lemon Tree Hotels Shares Rise as Company Expands Presence with New Property in Gujarat

Lemon Tree Hotels is currently trading at RS 163.00, up by 1.40 points or 0.87% from its previous closing of RS 161.60 on the BSE.

The stock opened at RS 162.65 and touched a high of RS 163.45 and a low of RS 161.75 during the session, with a total of 18,320 shares traded so far.

Classified under the BSE ‘A’ group, the stock with a face value of RS 10 has recorded a 52-week high of RS 180.60 (08-Sep-2025) and a 52-week low of RS 110.55 (07-Apr-2025). Over the last week, it traded between RS 167.40 and RS 161.10. The company’s market capitalization currently stands at RS 12,913.62 crore.

As per shareholding data, promoters hold 22.28%, while institutions and non-institutions hold 41.31% and 36.41%, respectively.

In a key business development, Lemon Tree Hotels has signed a new property — Lemon Tree Hotel, Gandhidham. The hotel will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. This addition strengthens the group’s footprint in Gujarat, catering to both religious and leisure travellers seeking a vibrant, value-driven experience.

Gandhidham, located in the Kutch district of Gujarat, is a prominent commercial and industrial hub near Kandla Port, one of India’s major ports. With its well-planned infrastructure, the city has emerged as a vital centre for trade, logistics, and manufacturing in western India.

Lemon Tree Hotels remains India’s largest mid-priced hotel chain and the third-largest overall based on controlling interest in owned and leased rooms.