Mumbai, November 28 (Udaipur Kiran): Shares of Lemon Tree Hotels rose sharply on the BSE after the company announced the signing of two new hotel properties in Gujarat and Uttarakhand.
The stock was trading at ₹159.35, up by ₹4.95 or 3.21 per cent from its previous close of ₹154.40. It opened at ₹155.80 and touched an intraday high of ₹159.85 and a low of ₹155.40. A total of 4,07,733 shares were traded during the session.
The BSE Group ‘A’ stock with a face value of ₹10 has touched a 52-week high of ₹180.60 on September 8, 2025, and a 52-week low of ₹110.55 on April 7, 2025. The company’s current market capitalisation stands at ₹12,406.58 crore.
The promoter shareholding in the company is 22.28 per cent, while institutional investors hold 41.16 per cent and non-institutional investors hold 36.56 per cent.
Lemon Tree Hotels has signed two new properties — Lemon Tree Hotel, Surat Airport, and Keys Prima by Lemon Tree Hotels, Haridwar. The Surat Airport property will be managed by Carnation Hotels, a wholly-owned subsidiary of the company, while the Haridwar property will be operated under the franchise model.
Lemon Tree Hotel, Surat Airport will feature 110 rooms, along with a restaurant, banquet and meeting facilities, and recreation amenities including a swimming pool and spa. Surat International Airport is located about 1.6 km from the hotel, while Surat Railway Station is around 16 km away.
Keys Prima by Lemon Tree Hotels, Haridwar will have 60 rooms, a restaurant, conference hall and recreational facilities including a fitness centre, spa and swimming pool. Jolly Grant Airport, Dehradun is around 49 km, while Haridwar Railway Station is about 12 km from the property.
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.
