Lemon Tree Hotels Stock Rises on New Madurai & Mcleodganj Properties

Lemon Tree Hotels saw its stock rise by 0.65% to Rs. 108.65 on the BSE today, driven by the announcement of two new license agreements for properties in Madurai and Mcleodganj. This strategic expansion aims to strengthen the company’s footprint in key leisure and commercial markets.

The newly signed hotels, Lemon Tree Premier in Madurai and Keys Select By Lemon Tree Hotels in Mcleodganj, will both be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels.

Key Market Metrics

• Current Trading Price: Rs. 108.65
• Points Up: 0.70 points
• Previous Closing: Rs. 107.95
• Opening Price: Rs. 108.05
• Intraday High: Rs. 109.45
• Intraday Low: Rs. 108.05
• Shares Traded: 375 shares
• 52-Week High: Rs. 180.60 (08-Sep-2025)
• 52-Week Low: Rs. 99.70 (16-Mar-2026)
• Last One Week High: Rs. 115.60
• Last One Week Low: Rs. 106.60
• Current Market Cap: Rs. 8552.30 crore

The Madurai property, Lemon Tree Premier, will feature 100 well-appointed rooms, a restaurant, banquet hall, and a fitness center. This addition boosts the group’s presence in Tamil Nadu, bringing its portfolio in the state to eight properties, comprising five operational hotels and three upcoming developments.

Keys Select by Lemon Tree Hotels in Mcleodganj will offer 45 rooms, a restaurant, and meeting facilities. This signing reinforces the group’s growth strategy in Himachal Pradesh, expanding its portfolio in the state to 12 hotels, including four operational and eight upcoming properties.

Shareholding Structure

• Promoters: 22.32%
• Institutions: 33.80%
• Non-Institutions: 43.89%

Lemon Tree Hotels holds the position as India’s largest hotel chain within the mid-priced sector and ranks as the third largest overall, based on its controlling interest in owned and leased rooms.