Lemon Tree Hotels strengthens on the BSE

Lemon Tree Hotels strengthens on the BSE

by admin- Monday, February 18th, 2019 04:21:51 PM

Lemon Tree Hotels is presently trading at Rs. 72.50, up by 0.50 points or 0.69% from its previous closing of Rs. Seventy two.00 on the BSE.

The scrip opened at Rs. Seventy two.20 and has touched a high and occasional of Rs. Seventy four.00 and Rs. Seventy two.00 respectively. So far 4432 shares were traded on the counter.

The BSE organization ‘B’ stock of face price Rs. 10 has touched a 52 week high of Rs. Ninety one.00 on 23-Apr-2018 and a 52 week low of Rs. Fifty seven.30 on 09-Apr-2018.

Last one week high and low of the scrip stood at Rs. Seventy four.00 and Rs. 70.00 respectively. The contemporary marketplace cap of the enterprise is Rs. 5751.71 crore.

The promoters holding inside the enterprise stood at 30.89%, at the same time as Institutions and Non-Institutions held 22.Sixteen% and 46.Ninety six% respectively.

Lemon Tree Hotels is trying to have around 12,000 rooms in its stock through the give up of 2021 as part of its potential addition plans, mainly in India. Currently, the employer has round five,500 rooms and constructing another around 3,500 rooms. Besides India, the other markets that the business enterprise is looking at include Thimphu (Bhutan), Dubai and Kathmandu (Nepal).

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