Expansion● Neutral for Lemon Tree Hotels

Lemon Tree Hotels acquires Mumbai land for ₹120 crore, signs 90-room Telangana hotel

1 source · first seen 22:42 24 Sept · updated 22:42 24 Sept

The brief

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Lemon Tree Hotels acquired Mumbai land for ₹120 crore and signed a 90-room Telangana hotel
Shares closed at ₹106.80, down 0.97%
Land acquisition and hotel expansion affect Lemon Tree Hotels’ growth and capital needs

the session the news first traded, and since

Stock	Traded	That day	vs Nifty	Volume	Since
LEMONTREE	Fri, 25 Sept	−0.5%	−0.9%	0.7×	−0.5% · Nifty +0.3%

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1 report · earliest 22:42