Lemon Tree Hotels soars on launching its 101 Rooms hotel in Andhra Pradesh

29 Nov 2019 Evaluate

Lemon Tree Hotels is currently trading at Rs. 61.85, up by 0.80 points or 1.31% from its previous closing of Rs. 61.05 on the BSE.

The scrip opened at Rs. 61.65 and has touched a high and low of Rs. 62.20 and Rs. 61.35 respectively. So far 11816 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. 62.20 and Rs. 57.85 respectively. The current market cap of the company is Rs. 4892.12 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 Vijayawada in the state of Andhra Pradesh with the launch of its 101 Rooms hotel ‘Red Fox Hotel, Vijayawada’. The hotel offers mix of 101 smart rooms, multi-cuisine coffee shop Clever Fox Cafe, banquet hall, boardroom, fitness center etc.

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

132.90 2.10 (1.61%)
04-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 810.40
EIH 396.65
Chalet Hotels 892.45
Mahindra Holi.&Resor 387.90
Lemon Tree Hotels 132.90
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