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Lemon Tree Hotels rises on signing agreement for Keys Lite by Lemon Tree Hotels in Manali

06 Aug 2026 Evaluate

Lemon Tree Hotels is currently trading at Rs. 113.30, up by 0.60 points or 0.53% from its previous closing of Rs. 112.70 on the BSE.

The scrip opened at Rs. 112.90 and has touched a high and low of Rs. 113.90 and Rs. 112.50 respectively. So far 880939 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 180.60 on 08-Sep-2025 and a 52 week low of Rs. 99.70 on 16-Mar-2026.

Last one week high and low of the scrip stood at Rs. 115.60 and Rs. 108.90 respectively. The current market cap of the company is Rs. 8976.15 crore.

The promoters holding in the company stood at 22.32%, while Institutions and Non-Institutions held 33.80% and 43.89% respectively.

Lemon Tree Hotels has signed a Franchise Agreement viz. Keys Lite by Lemon Tree Hotels, Manali. This addition marks the Keys Lite brand's entry into Manali, one of North India's most popular leisure destinations, further strengthening the group's presence in Himachal Pradesh.

This Hotel will feature 24 well-appointed rooms, a restaurant, lounge, fitness centre and thoughtfully designed public spaces. The property will be operated under a franchise agreement, further expanding the group's presence across the region. With this signing, the group's portfolio in Himachal Pradesh will comprise 11 hotels, including four operational and seven upcoming properties.

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.

Peers
Company Name CMP
The Indian Hotels Co 726.00
ITC Hotels 162.05
Mahindra Holi.&Resor 200.20
EIH 294.90
Chalet Hotels 880.80
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