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Lemon Tree Hotels rises on signing new hotel in Uttar Pradesh

The hotel will feature 100 well-appointed rooms, a restaurant, banquet hall, conference room and recreational amenities including a fitness centre, swimming pool and spa

Lemon Tree Hotels is currently trading at Rs. 115.05, up by 1.25 points or 1.10% from its previous closing of Rs. 113.80 on the BSE.

The scrip opened at Rs. 114.15 and has touched a high and low of Rs. 115.70 and Rs. 114.15 respectively. So far 1735 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 180.60 on 08-Sep-2025 and a 52 week low of Rs. 110.55 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 124.00 and Rs. 112.95 respectively. The current market cap of the company is Rs. 9015.76 crore.

The promoters holding in the company stood at 22.28%, while Institutions and Non-Institutions held 40.96% and 36.76% respectively.

Lemon Tree Hotels has signed new hotel in Najibabad, Uttar Pradesh, marking its 25th property in the State. The upcoming Lemon Tree Hotel, Najibabad will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels.

The hotel will feature 100 well-appointed rooms, a restaurant, banquet hall, conference room and recreational amenities including a fitness centre, swimming pool and spa. Located in the Bijnor district, Najibabad serves as a gateway to key spiritual and leisure destinations including Haridwar, Rishikesh and Jim Corbett National Park. With steady pilgrimage and wildlife tourism demand, along with improving regional infrastructure, the town presents a compelling opportunity for quality branded hospitality. With a proximity of 88 km from Jolly Grant Airport and 8.6 km from Najibabad Junction railway station, the hotel extends connectivity and convenience for both business and leisure travellers.

The company currently operates 8 hotels in Uttar Pradesh, with 17 more in the pipeline, including this latest signing, underscoring its sustained expansion across one of India’s fastest-growing travel markets. 

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.