Lemon Tree Hotels witnessed an uptick in its share price after announcing the signing of a new property in Gujarat. The stock was trading at Rs. 163.00, up by 1.40 points or 0.87% from its previous close of Rs. 161.60 on the BSE.
The scrip opened at Rs. 162.65 and recorded a high of Rs. 163.45 and a low of Rs. 161.75 during the session. Around 18,320 shares changed hands on the counter. The BSE Group ‘A’ stock, with a face value of Rs. 10, has a 52-week high of Rs. 180.60 (08-Sep-2025) and a 52-week low of Rs. 110.55 (07-Apr-2025).
During the past week, the stock traded between Rs. 167.40 and Rs. 161.10, with the company’s current market capitalisation standing at Rs. 12,913.62 crore. The promoters’ holding in the company is 22.28%, while institutional and non-institutional investors hold 41.31% and 36.41% respectively.
Lemon Tree Hotels announced the signing of its latest property — Lemon Tree Hotel, Gandhidham. The new property will be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels. This addition strengthens the company’s footprint in Gujarat and aims to serve both religious and leisure travellers seeking a vibrant and value-driven stay experience.
Located in Gandhidham, the largest and most populous city in Kutch district, the hotel benefits from proximity to Kandla Port, one of India’s key ports. The city is recognised for its well-planned infrastructure and its role as a major commercial and industrial hub in western India.
Lemon Tree Hotels remains 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.
