India's Lemon Tree Hotels gains on signing new property

Lemon Tree Hotels

29/08/2025 05:06

** Lemon Tree Hotels LEMO.NS rises 2% to 171 rupees

** Co signs new property in Uttarakhand's Dehradun with 98 rooms to be managed by its unit Carnation Hotels Private Limited

** Stock rated "buy" on avg; median PT is 175 rupees, per data compiled by LSEG

** YTD, LEMO gains ~12%

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))