India's Lemon Tree Hotel rises after unit wins bid to run 5-star hotel in Delhi
** Lemon Tree Hotels LEMO.NS rises ~6% to 154 rupees ** Hotel chain operator's unit gets letter of award to develop, operate five-star hotel in New Delhi ** More than 4.9 mln shares traded, ~1.3X the 30-day avg ** Stock rated "buy" on average; median PT is 175 rupees, per data compiled by LSEG ** YTD, LEMO down 3.1% (Reporting by Urvi Dugar) ((UrviManoj.Dugar@thomsonreuters.com;))
Recent news on Lemon Tree Hotels
See all newsBrief: Lemon Tree Hotels Signs License Agreement For Hotel In Janakpur, Nepal
Brief: Lemon Tree Hotels Signs Franchise Agreement For Keys Prima In Jaipur With 88 Rooms
Brief: Lemon Tree Hotels Signs License Agreement For 66-Room Hotel In Kumbakonam, Tamil Nadu
Brief: Lemon Tree Hotels Terminates Hotel Operating And License Agreements For Hotel At Manesar
Macquarie flags occupancy risk for Indian hotel operators from Mideast tensions