Introduction:
Leading hotel chain has announced the signing of a new property in Bokaro, set to open in FY27. The 50-room hotel will feature premium amenities, including a restaurant, banquet halls, a rooftop bar, and a fitness center, catering to business and leisure travelers.
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Share price movement of Lemon Tree Hotels:
On March 18, 2025, Lemon Tree Hotels Ltd opened at ₹129.60, up 0.70% from its previous close of ₹128.65. The stock reached a high of ₹130.45 (1.40%) and a low of ₹128.80. By 10:00 AM, it traded at ₹129.55, a 0.70% increase, with a market cap of ₹10,263.55 crore.
Lemon Tree Hotels Expands with New Property in Bokaro:
Lemon Tree Hotels has announced the signing of Keys Select by Lemon Tree Hotels, Bokaro, set to open in FY27. Managed by Carnation Hotels Private Limited, the 50-room property will offer premium amenities, including a restaurant, banquet halls, and a rooftop bar.
Bokaro, a major industrial hub on the Chota Nagpur Plateau, is home to the Bokaro Steel Plant, a key player in India’s steel industry. The city’s blend of industrial, urban, and rural landscapes makes it a strategic location for business and leisure travelers alike.
The property enjoys excellent connectivity, with Birsa Munda Airport in Ranchi approximately 117 km away and Bokaro Steel City Railway Station 16 km from the site. Well-linked by road, the hotel ensures easy access to both public and private transport options.
Recent news on Lemon Tree Hotels:
As of February 0, 2025, Lemon Tree Hotels Ltd reported an 82% surge in Q3 consolidated net profit to ₹79.9 crore. Revenue rose 25% YoY to ₹355.2 crore, reflecting strong growth in the hospitality sector after market hours on Tuesday.
Stock performance of Lemon Tree Hotels for Period of 1 week, 6 months, and 1 year:
Lemon Tree Hotels Ltd delivered a 1.96% gain over the past week and a 1.98% rise in six months. However, its one-year return stands at -0.95%, reflecting mixed performance amid market fluctuations in the hospitality sector.
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Shareholding pattern of Lemon Tree Hotels:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 22.80% | 22.80% | 22.80% |
| FII | 20% | 22% | 28% |
| DII | 21% | 19% | 15% |
| Public | 36.40% | 36.50% | 34.30% |
| Others | 0% | 0.10% | 0.10% |
About Lemon Tree Hotels:
Lemon Tree Hotels Ltd (NSE: LEMONTREE) is one of India’s largest hotel chains, operating across multiple segments. With 110+ operational hotels and international presence in Dubai, Bhutan, and Nepal, it continues expanding with 90+ upcoming properties across key locations.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
