Lemon Tree Hotels Surges After Signing Three New Properties in Rajasthan

Mumbai, 3 September (Kiran News): Shares of Lemon Tree Hotels rose on Tuesday after the company announced the signing of three new properties in Rajasthan. The stock was trading at Rs. 167.85 on the BSE, up by 1.57% from its previous close.

Lemon Tree Hotels

The scrip opened at Rs. 166.20 and touched a high of Rs. 168.00 and a low of Rs. 165.15 during the session. In the last 52 weeks, the stock has recorded a high of Rs. 175.00 (22 August 2025) and a low of Rs. 110.55 (7 April 2025). The company’s current market capitalisation stands at Rs. 13,186.94 crore.

Promoters hold 22.28% of the company, while institutional investors own 41.31% and non-institutional investors 36.41%.

Lemon Tree Hotels has signed three new properties—Lemon Tree Premier, Pushkar; Lemon Tree Premier, Ajmer; and Keys Lite by Lemon Tree Hotels, Ajmer. These properties will be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels.

Lemon Tree Premier, Pushkar will offer 96 well-appointed rooms, a restaurant, a conference room, a swimming pool, a fitness centre, a spa, and other public areas. Lemon Tree Premier, Ajmer will have 78 rooms, a restaurant, a lounge, a banquet hall, a conference room, a swimming pool, a fitness centre, a spa, and additional facilities. Keys Lite by Lemon Tree Hotels, Ajmer will feature 31 rooms, a restaurant, a conference room, a fitness centre, and other amenities.

Lemon Tree Hotels is India’s largest hotel chain in the mid-priced segment and the third largest overall, based on controlling interest in owned and leased rooms.

BREAKING NEWS:
Jio’s Exciting 3 Plans: Unlimited Calling and Data for 90 Days! Thousands of Electric Cars Sold in May: Top 5 Revealed Big iPhone 17 Pro deal: Amazon Sale starts July 4!