Lemon Tree Hotels gains on launching 139 rooms hotel in Rajasthan

Lemon Tree Hotels Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 541233 | NSE: LEMONTREE

30 Oct 2019 Evaluate

Lemon Tree Hotels is currently trading at Rs. 60.85, up by 1.05 points or 1.76% from its previous closing of Rs. 59.80 on the BSE.

The scrip opened at Rs. 62.80 and has touched a high and low of Rs. 62.80 and Rs. 60.55 respectively. So far 32047 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 90.90 on 02-Apr-2019 and a 52 week low of Rs. 48.00 on 13-Aug-2019.

Last one week high and low of the scrip stood at Rs. 62.80 and Rs. 55.95 respectively. The current market cap of the company is Rs. 4828.74 crore.

The promoters holding in the company stood at 31.24%, while Institutions and Non-Institutions held 38.97% and 29.80% respectively.

Lemon Tree Hotels has entered into Udaipur, with the launch of 139 rooms new upscale hotel ‘Aurika Hotels & Resorts’, Udaipur in the state of Rajasthan. The strategic location of the hotel places it in close proximity to major sightseeing destinations in the city, including City Palace, Jagmandir, Saheliyon ki Bari, Bagore ki Haveli, Jagdish Temple and the Vintage Car Museum, amongst others.

The opening of this hotel marks the launch of the first hotel under the new brand, Aurika Hotels & Resorts. With opening of this Hotel, the company presently operate 59 Hotels including managed properties across 36 cities in India.

Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms, as of June 30, 2017.

Lemon Tree Hotels Share Price

116.65 0.45 (0.39%)

30-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
The Indian Hotels Co	714.10
ITC Hotels	180.10
EIH	320.70
Chalet Hotels	814.45
Mahindra Holi.&Resor	237.15
View more..

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