LEMON TREE HOTELS LTD.
NSE : LEMONTREEBSE : 541233ISIN
CODE : INE970X01018Industry : Hotel, Resort & RestaurantsHouse
: MNC
BSE146.802.15 (+1.49 % )
PREV CLOSE (Rs.) 144.65
OPEN PRICE (Rs.) 147.55
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 28369
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE146.90 2.05 (+1.42 % )
PREV CLOSE(Rs.) 144.85
OPEN PRICE (Rs.) 146.50
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 146.90 (771 )
VOLUME 562231
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 18-May-2024 | Lemon Tree Hotels signs new property in Gujarat | <p style="text-align: justify;">Lemon Tree Hotels has signed new property in Somnath, Gujarat. The property which shall be managed by Lemon Tree Hotels, is expected to open in FY 2025.</p><p style="text-align: justify;">Keys Lite by Lemon Tree Hotels, Somnath will feature 52 well-appointed rooms, a restaurant, a meeting room, and a banquet hall. The Diu Airport is about 57 kms from the property while the Veraval Junction Railway Station is about 1.5 kms away. The hotel is also well connected by roadways for both public and private transport.</p><p style="text-align: justify;">Lemon Tree Hotels is India's largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.</p><div style="text-align: justify;"><br></div> |
| 18-May-2024 | Lemon Tree Hotels gains on signing new property in Gujarat | <p style="text-align: justify;">Lemon Tree Hotels is currently trading at Rs. 147.30, up by 2.65 points or 1.83% from its previous closing of Rs. 144.65 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 147.55 and has touched a high and low of Rs. 148.20 and Rs. 146.20 respectively. So far 14159 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.05 on 06-May-2024 and a 52 week low of Rs. 89.95 on 10-Jul-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 148.20 and Rs. 137.40 respectively. The current market cap of the company is Rs. 11459.85 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 22.88%, while Institutions and Non-Institutions held 42.44% and 34.68% respectively.</p><p style="text-align: justify;">Lemon Tree Hotels has signed new property in Somnath, Gujarat. The property which shall be managed by Lemon Tree Hotels, is expected to open in FY 2025.</p><p style="text-align: justify;">Keys Lite by Lemon Tree Hotels, Somnath will feature 52 well-appointed rooms, a restaurant, a meeting room, and a banquet hall. The Diu Airport is about 57 kms from the property while the Veraval Junction Railway Station is about 1.5 kms away. The hotel is also well connected by roadways for both public and private transport.</p><p style="text-align: justify;">Lemon Tree Hotels is India's largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.</p> |
| 13-May-2024 | BPCL, Hindalco Industries and Zydus Lifesciences to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Bharat Petroleum Corporation </span>(BPCL) is planning to invest Rs 1.7 lakh crore over the next five years in its core oil refining, fuel marketing and petrochemical business as well as in clean energy such as hydrogen. As part of 'Project Aspire', a five-year strategic framework, BPCL plans to raise its oil refining capacity, augment petrochemical business and expand its presence in cleaner fuel space with an eye on energy transition and meeting country's fuel demand.</p><p style="text-align: justify;">Indian Coast Guard (ICG) and <span style="font-weight: bold;">Hindalco Industries</span> have inked a Memorandum of Understanding (MoU) in New Delhi for the manufacturing and supply of indigenous marine-grade aluminium to Indian public and private shipyards for the construction of ships. The MoU will also provide benefits such as quarterly pricing, priority in supplies and Turnover discount.</p><p style="text-align: justify;"><span style="font-weight: bold;">Zydus Lifesciences</span> has received final approval from the United States Food and Drug Administration (USFDA) to market Dexamethasone Tablets USP, 1 mg (USRLD: Dexamethasone Tablets). Dexamethasone is used to treat conditions such as arthritis, blood/hormone disorders, allergic reactions, skin diseases, eye problems, breathing problems, bowel disorders, cancer and immune system disorders. The product will be manufactured at the group's formulation manufacturing facility at Baddi, Himachal Pradesh.</p><p style="text-align: justify;"><span style="font-weight: bold;">Mahindra & Mahindra</span> (M&M) has signed a Memorandum of Understanding (MoU) with the Ministry of Skill Development and Entrepreneurship (MSDE) to conduct two Pilots under the Drone Didi Yojna. Launched earlier this year, the scheme aims to train 15,000 women to operate drones for agricultural purposes such as fertiliser sowing, crop monitoring and seed sowing, thereby creating new livelihood opportunities for women through imparting skills in new technology areas.</p><p style="text-align: justify;"><span style="font-weight: bold;">RailTel Corporation of India</span> has received the work order from Central Warehousing Corporation for Supply, Installation, Testing and Commissioning of Modern Video Surveillance System across India amounting to Rs 51,53,29,790 (Including Tax).</p><p style="text-align: justify;"><span style="font-weight: bold;">Lemon Tree Hotels</span> has signed a new property-- Keys Select by Lemon Tree Hotels in Bareilly, Uttar Pradesh. The property, which will be franchised by Lemon Tree Hotels, is expected to open in FY25. Bareilly is a city in the northern Indian state of Uttar Pradesh, located near Ramganga. It is the seventh-largest metropolis of Uttar Pradesh and the 50th largest city of India. </p><p style="text-align: justify;"><span style="font-weight: bold;">Vedanta </span>has received approval for the acquisition of additional stake of 46.57% in AvanStrate Inc. (ASI) (an indirect subsidiary of the Company with 51.63% holding) from HOYA Corporation, Japan (HOYA) through Cairn India Holdings (CIHL), a wholly-owned subsidiary of the Company. Post the execution of the aforesaid transaction, CIHL will hold 98.2% in ASI. </p> |
| 11-May-2024 | Lemon Tree Hotels signs new property in Uttar Pradesh | <p style="text-align: justify;">Lemon Tree Hotels has signed a new property-- Keys Select by Lemon Tree Hotels in Bareilly, Uttar Pradesh. The property, which will be franchised by Lemon Tree Hotels, is expected to open in FY25. Bareilly is a city in the northern Indian state of Uttar Pradesh, located near Ramganga. It is the seventh-largest metropolis of Uttar Pradesh and the 50th largest city of India. </p><p style="text-align: justify;">Keys Select by Lemon Tree Hotels, Bareilly will feature 60 well-appointed rooms, a restaurant, a bar, banquet facilities, meeting rooms, a swimming pool, a fitness center, and other public areas. The Bareilly airport is about 12 kms from the property, while the Bareilly railway station is about 2 kms away. The hotel is connected by both public and private transport from all major cities in India.</p><p style="text-align: justify;">Lemon Tree Hotels is expanding its portfolio in Uttar Pradesh and this opening will be in addition to six existing and five upcoming properties in the state. The state has huge potential for growth with several tourist attractions and industries that showcase its historical and religious significance.</p><p style="text-align: justify;">Lemon Tree Hotels is India's largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.</p><div style="text-align: justify;"><br></div> |
| 10-Apr-2024 | Lemon Tree Hotels launches first property in Nepal | <p style="text-align: justify;">Lemon Tree Hotels has forayed into the stunning country of Nepal with the opening of Lemon Tree Premier, Budhanilkantha, Kathmandu. This marks not just the entry of Lemon Tree Hotels in to Nepal, but also marks the milestone of Lemon Tree's inventory crossing 10,000 rooms. </p><p style="text-align: justify;">This first property in the land of Mount Everest is a stylish, contemporary hotel with 102 well-appointed rooms and suites, Citrus Cafe - a multicuisine coffee shop, Republic of Noodles - an award-winning Asian restaurant, Slounge - a hip recreation bar and a tea lounge. The hotel has a separate convention center which has expansive banquet spaces and conference facilities, besides extensive outdoor event spaces. For recreation, the hotel offers a well-equipped fitness center, Fresco spa and a refreshing infinity pool. </p><p style="text-align: justify;">Lemon Tree Hotels is India's largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.</p><div style="text-align: justify;"><br></div> |
| 10-Apr-2024 | Lemon Tree Hotels informs about press release | <p style="text-align: justify;">Lemon Tree Hotels has informed that the company announces its foray into the stunning country of Nepal with the opening of Lemon Tree Premier, Kathmandu, its first property in Nepal (on April 9, 2024 at Late Hours). A copy of press release to be made in this regard is attached.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 10-Apr-2024 | Lemon Tree Hotels shines on launching first property in Nepal | <p style="text-align: justify;">Lemon Tree Hotels is currently trading at Rs. 139.55, up by 1.80 points or 1.31% from its previous closing of Rs. 137.75 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 139.25 and has touched a high and low of Rs. 140.95 and Rs. 139.20 respectively. So far 35127 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 147.20 on 23-Feb-2024 and a 52 week low of Rs. 75.17 on 11-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 144.40 and Rs. 137.10 respectively. The current market cap of the company is Rs. 10913.20 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 23.21%, while Institutions and Non-Institutions held 37.81% and 38.98% respectively.</p><p style="text-align: justify;">Lemon Tree Hotels has forayed into the stunning country of Nepal with the opening of Lemon Tree Premier, Budhanilkantha, Kathmandu. This marks not just the entry of Lemon Tree Hotels in to Nepal, but also marks the milestone of Lemon Tree's inventory crossing 10,000 rooms. </p><p style="text-align: justify;">This first property in the land of Mount Everest is a stylish, contemporary hotel with 102 well-appointed rooms and suites, Citrus Cafe - a multicuisine coffee shop, Republic of Noodles - an award-winning Asian restaurant, Slounge - a hip recreation bar and a tea lounge. The hotel has a separate convention center which has expansive banquet spaces and conference facilities, besides extensive outdoor event spaces. For recreation, the hotel offers a well-equipped fitness center, Fresco spa and a refreshing infinity pool. </p><p style="text-align: justify;">Lemon Tree Hotels is India's largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.</p><div style="text-align: justify;"><br></div> |
| 10-Apr-2024 | Lupin, Lemon Tree Hotels and Exide Industries to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Lupin </span>has launched first generic version of Oracea (Doxycycline Capsules, 40 mg), in the United States, after having received an approval from the United States Food and Drug Administration (U.S. FDA). Doxycycline Capsules, 40 mg is indicated for the treatment of only inflammatory lesions (papules and pustules) of rosacea in adult patients.</p><p style="text-align: justify;"><span style="font-weight: bold;">Lemon Tree Hotels</span> has forayed into the stunning country of Nepal with the opening of Lemon Tree Premier, Budhanilkantha, Kathmandu. This marks not just the entry of Lemon Tree Hotels in to Nepal, but alos marks the milestone of Lemon Tree's inventory crossing 10,000 rooms. This first property in the land of Mount Everest is a stylish, contemporary hotel with 102 well-appointed rooms and suites, Citrus Cafe – a multicuisine coffee shop, Republic of Noodles – an award-winning Asian restaurant, Slounge – a hip recreation bar and a tea lounge.</p><p style="text-align: justify;"><span style="font-weight: bold;">Exide Industries</span> has entered into an agreement for acquiring 26% equity stake in Clean Max Arcadia, a Special Purpose Vehicle (SPV) promoted and incorporated by Clean Max Enviro Energy Solutions for generation and supply of solar power. The objective of the investment in the SPV is to promote renewable energy on long term basis by qualifying as a captive consumer for solar capacity of 14.85 MWp for our factory situated in Bawal in the state of Haryana.</p><p style="text-align: justify;"><span style="font-weight: bold;">ICICI Lombard General Insurance Company </span>has entered into a partnership with Policybazaar, India's biggest insurance platform. The strategic partnership brings together the comprehensive product portfolio of ICICI Lombard and wide reach of Policybazaar, promising accessible insurance solutions for Indian consumers. </p><p style="text-align: justify;"><span style="font-weight: bold;">Electronics Mart India </span>has commenced the commercial operations of a new Multi Brand Store under the brand name ‘BAJAJ ELECTRONICS' on April 9, 2024 at Gajwel, Siddipet District, Telangana. The area of the store is around 6,786 Square feet.</p><p style="text-align: justify;"><span style="font-weight: bold;">Emerald Finance</span> has partnered with Oktober6 Insight of Mumbai to offer its Early-Wage-Access program to the employees of the Company. This partnership aims to provide an instant financial relief to the employees by allowing them to access part of their salaries seamlessly throughout the month. The company, in line with its vision to expand its offerings and to serve retail customers at large had been working on a salary advance solution. This product entails tying up with employers to offer short term loans as salary advance. The amount lent is then collected through salary deduction.</p><p style="text-align: justify;"><span style="font-weight: bold;">Avenue Supermarts </span>has opened a new store at Vaishnavi Sapphire Mall, Bengaluru (Karnataka) on April 9, 2024. The total number of stores as on date stands at 366. Earlier, the company had opened a new store at Talegaon, Pune (Maharashtra).</p> |
| 08-Apr-2024 | Lemon Tree Hotels opens new property in Rishikesh | <p style="text-align: justify;">Lemon Tree Hotels has launched property in Rishikesh. This is the ninth property of the group in the scenic state of Uttarakhand. This beautiful and elegant hotel, with 126 keys will open in two phases. While 108 rooms and suites opened today along with Citrus Cafe - a multi-cuisine coffee shop, an expansive banquet space, fitness center, and swimming pool as a part of phase I of the launch. The remaining rooms, a sprawling garden, a rejuvenating spa, Slounge - A Terrace Bar, and Pool Bar & Grill will open shortly thereafter, as part of phase II.</p><p style="text-align: justify;">Located in Tapovan, a popular and spiritually significant area in Rishikesh, Lemon Tree Hotel, Rishikesh is an ideal destination for leisure travellers. Tapovan embraces yoga ashrams, temples, and natural surroundings, making it an ideal place for those seeking solitude and meditation enthusiasts visiting Rishikesh to deepen their practice and connect with nature.</p><p style="text-align: justify;">Lemon Tree Hotels is India's largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.</p> |
| 08-Apr-2024 | Lemon Tree Hotels inches up on opening new property in Rishikesh | <p style="text-align: justify;">Lemon Tree Hotels is currently trading at Rs. 141.65, up by 0.20 points or 0.14% from its previous closing of Rs. 141.45 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 142.55 and has touched a high and low of Rs. 143.85 and Rs. 141.45 respectively. So far 35882 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 147.20 on 23-Feb-2024 and a 52 week low of Rs. 75.17 on 11-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 144.40 and Rs. 131.35 respectively. The current market cap of the company is Rs. 11301.40 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 23.21%, while Institutions and Non-Institutions held 37.81% and 38.98% respectively.</p><p style="text-align: justify;">Lemon Tree Hotels has launched property in Rishikesh. This is the ninth property of the group in the scenic state of Uttarakhand. This beautiful and elegant hotel, with 126 keys will open in two phases. While 108 rooms and suites opened today along with Citrus Cafe - a multi-cuisine coffee shop, an expansive banquet space, fitness center, and swimming pool as a part of phase I of the launch. The remaining rooms, a sprawling garden, a rejuvenating spa, Slounge - A Terrace Bar, and Pool Bar & Grill will open shortly thereafter, as part of phase II.</p><p style="text-align: justify;">Located in Tapovan, a popular and spiritually significant area in Rishikesh, Lemon Tree Hotel, Rishikesh is an ideal destination for leisure travellers. Tapovan embraces yoga ashrams, temples, and natural surroundings, making it an ideal place for those seeking solitude and meditation enthusiasts visiting Rishikesh to deepen their practice and connect with nature.</p><p style="text-align: justify;">Lemon Tree Hotels is India's largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms.</p><div style="text-align: justify;"><br></div> |
