Lemon Tree Hotels shares jump 2% on signing new property in Maharashtra | Business Upturn

Top Stories

Breaking News: US and Iran reach agreement on easing blockade and reopening Strait of Hormuz Sona BLW shares in focus as Supreme Court sends ₹30,000 crore Kapur family dispute to mediation Exclusive: Ola Electric is planning to raise Rs 1,500 crore via QIP — bankers appointed, roadshows underway Bajaj Auto says margin likely to be hit in coming quarters, domestic motorcycle industry growth to moderate to 7-9% vs 20% L&T wins ₹2,500-5,000 crore real estate orders across Hyderabad, Mumbai and Karnataka NSE seeks clarification from KEI Industries on reports of IT raids as stock tumbles 3% CG Power hits a 52-week high — then Kotak calls it a Sell with 28% downside. Who’s right? Paytm made a profit for the first full year of its life as a listed company — and the stock is reacting exactly as you’d expect Breaking News: US and Iran reach agreement on easing blockade and reopening Strait of Hormuz Sona BLW shares in focus as Supreme Court sends ₹30,000 crore Kapur family dispute to mediation Exclusive: Ola Electric is planning to raise Rs 1,500 crore via QIP — bankers appointed, roadshows underway Bajaj Auto says margin likely to be hit in coming quarters, domestic motorcycle industry growth to moderate to 7-9% vs 20% L&T wins ₹2,500-5,000 crore real estate orders across Hyderabad, Mumbai and Karnataka NSE seeks clarification from KEI Industries on reports of IT raids as stock tumbles 3% CG Power hits a 52-week high — then Kotak calls it a Sell with 28% downside. Who’s right? Paytm made a profit for the first full year of its life as a listed company — and the stock is reacting exactly as you’d expect

HOME /FINANCE/STOCK MARKET

Lemon Tree Hotels shares experienced a notable 2% increase in morning trade following the company’s announcement of its latest property: the Lemon Tree Hotel, Adalat Road, Aurangabad, Maharashtra.

This new hotel will be operated by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, and is anticipated to open in fiscal year 2028.

On the trading front, Lemon Tree Hotels’ stock opened at ₹116.09, hitting a high of ₹118.20 and a low of ₹115.26 during the day. Currently, the stock’s 52-week high stands at ₹158.00, while the low is ₹100.75.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Add us as preferred source on Google

TOPICS: Lemon Tree Hotels