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Lemon Tree Hotels rises on opening 44 key resort ‘Lazy Lagoon, Baga’

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

08 Oct 2020 Evaluate

Lemon Tree Hotels is currently trading at Rs. 28.05, up by 0.25 points or 0.90% from its previous closing of Rs. 27.80 on the BSE.

The scrip opened at Rs. 28.00 and has touched a high and low of Rs. 28.25 and Rs. 27.80 respectively. So far 41055 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 65.80 on 27-Dec-2019 and a 52 week low of Rs. 13.80 on 21-May-2020.

Last one week high and low of the scrip stood at Rs. 29.05 and Rs. 27.15 respectively. The current market cap of the company is Rs. 2210.37 crore.

The promoters holding in the company stood at 31.24%, while Institutions and Non-Institutions held 35.32% and 33.20% respectively.

Lemon Tree Hotels through its management subsidiary Carnation Hotels has opened 44 key resort– Lazy Lagoon, Baga- A Lemon Tree Resort. This marks the launch of the company’s fifth hotel in Goa, with existing hotels in Candolim, Calangute and Morjim. Located on Baga Creek, Lazy Lagoon, Baga is an expansive and aesthetically designed Lemon Tree Resort. This charming retreat, located in the heart of the vibrant North Goa area, offers alluring views of the Baga River and Creek.

The resort features 44 well-appointed rooms and suites, which combine understated elegance with modern amenities and facilities. Designed for the comfort of every traveller, most of the plush and comfortable rooms and suites offer a panoramic view of the Baga River and Creek.

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.

Lemon Tree Hotels Share Price

114.55 0.35 (0.31%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Indian Hotel	659.55
ITC Hotels	162.45
EIH	321.55
Chalet Hotels	778.90
Mahindra Holi.&Resor	272.70
View more..

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Lemon Tree Hotels rises on opening 44 key resort ‘Lazy Lagoon, Baga’

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