India's Lemon Tree Hotels gains on higher quarterly profit

Lemon Tree Hotels

11/08/2025 05:17

** Shares of Lemon Tree Hotels LEMO.NS jump 4% to 149 rupees

** Hotel chain operator posts 93.5% Y/Y rise in June-qtr consol net profit; consol rev from ops rises 17.8% Y/Y

** Macquarie maintains "outperform" rating; keeps TP at 200 rupees, implying nearly 40% upside from last close

** Says co beats profit estimates, helped by strong performance at its premium Aurika hotels

** LEMO rated "buy" by 17 analysts on average; median target price is 175 rupees – data compiled by LSEG

** Stock down 2.6% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))