Mumbai, September 24 (Udaipur Kiran News): Shares of Lemon Tree Hotels traded higher on Wednesday after the company announced the signing of two new properties in Uttar Pradesh and Madhya Pradesh. The stock was quoting at Rs 173.05, up 1.17% from its previous close of Rs 171.05 on the BSE.
The counter opened at Rs 172.00 and moved between a high of Rs 173.65 and a low of Rs 169.55 during the session. A total of 54,454 shares were exchanged. The company’s market capitalisation currently stands at Rs 13,626.64 crore.
Over the past year, the stock has hit a 52-week high of Rs 180.60 (September 8, 2025) and a 52-week low of Rs 110.55 (April 7, 2025). On a weekly basis, it has traded between Rs 177.75 and Rs 168.55.
Promoters hold 22.28% in the company, while institutional investors own 41.31% and non-institutional investors account for 36.41%.
The company has signed:
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Keys Prima by Lemon Tree Hotels, Varanasi (Uttar Pradesh): Featuring 153 rooms, a restaurant, banquets, a conference room, swimming pool, fitness centre, spa, and other public areas. The property will be franchised under Lemon Tree Hotels.
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Keys Select by Lemon Tree Hotels, Rewa (Madhya Pradesh): Offering 50 rooms, two restaurants, a banquet hall, swimming pool, and other facilities. The property will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.
Lemon Tree Hotels is India’s largest mid-priced hotel chain and the third largest overall, based on controlling interest in owned and leased rooms.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.