Lemon Tree Hotels Share Price Rises After Signing New Resort in Maharashtra

Lemon Tree Hotels shares gained 1.48% to ₹167.60 on August 28, 2025, after announcing a new property in Pench, Maharashtra.

New Resort in Pench

Lemon Tree Hotels has signed a license agreement for Lemon Tree Resort, Pench, Maharashtra, which will be managed by its wholly owned arm, Carnation Hotels.

The resort will feature 60 rooms, a restaurant, a banquet hall, a swimming pool, a spa, and recreational facilities.

Expansion in Maharashtra

Vilas Pawar, CEO of managed & franchised business at Lemon Tree Hotels, said the new resort will strengthen its wildlife portfolio, where the company already has five properties. With this addition, Lemon Tree will expand further in Maharashtra, where it already operates 14 hotels and has 10 more under development.

About Lemon Tree Hotels

Lemon Tree Hotels (LTHL) is one of India’s largest hotel chains, operating across luxury to budget categories with seven brands.

Lemon Tree Hotels Q1 FY26 Earnings Results

In Q1 FY26, the company posted a 93.49% rise in consolidated net profit at ₹38.33 crore, while revenue from operations grew 17.82% to ₹315.77 crore, compared to the same quarter last year.

Lemon Tree Hotels Share Price Movement

Lemon Tree Hotels share price (NSE: LEMONTREE) was trading at ₹167.51 on August 28, 2025, up 1.40% from the previous close. The share opened at ₹166.14 and touched an intraday high of ₹168.63, while the low stood at ₹165.19. The company commands a market capitalisation of ₹13,270 crore with a P/E ratio of 61.81. Over the past year, the stock has ranged between a 52-week high of ₹174.90 and a 52-week low of ₹112.29. 

Also Read: Pidilite Share Price Rises as Board Approves 1:1 Bonus Issue, ₹10 Special Dividend!

Conclusion

Lemon Tree’s new Pench resort marks another step in its growth strategy, particularly in the wildlife and leisure segment. With strong earnings and continuous expansion, the company is set to further strengthen its position in the Indian hospitality market.

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