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Lemon Tree Hotels shines on signing new property in Gujarat

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

23 Jan 2024 Evaluate

Lemon Tree Hotels is currently trading at Rs. 140.70, up by 6.65 points or 4.96% from its previous closing of Rs. 134.05 on the BSE.

The scrip opened at Rs. 135.35 and has touched a high and low of Rs. 144.20 and Rs. 134.50 respectively. So far 446784 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.20 on 23-Jan-2024 and a 52 week low of Rs. 71.95 on 27-Jan-2023.

Last one week high and low of the scrip stood at Rs. 144.20 and Rs. 128.45 respectively. The current market cap of the company is Rs. 11214.25 crore.

The promoters holding in the company stood at 23.21%, while Institutions and Non-Institutions held 37.81% and 38.98% respectively.
Lemon Tree Hotels has signed new property in Anjar, Gujarat. The property, which will be franchised by Lemon Tree Hotels, is expected to open in FY27. Anjar is a town in the Kutch district of Gujarat, India and has a rich historical and cultural heritage. The town has several temples, mosques, and other historical structures that reflect its cultural diversity. Anjar’s economy is primarily based on agriculture and trade and the city is known for its marketplaces where various goods are bought and sold.

Keys Select by Lemon Tree Hotels, Anjar will feature 61 well-appointed rooms, restaurant, a fitness center, a lounge, banqueting facilities, meeting rooms and other public areas. The Bhuj Airport is about 42 kms away, while the Anjar railway station is just 3 kms away from the hotel. Moreover, the city enjoys excellent connectivity by road and is in close proximity to Rann of Kutch, Bhuj and Gandhidham. It is just 15 kms away from Gandhidham, the economic capital of Gujarat.

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 shines on signing new property in Gujarat

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