India's Lemon Tree Hotels rises on signing agreement for two new properties

Lemon Tree Hotels

28/11/2025 06:31

**Shares of Lemon Tree Hotels LEMO.NS jump 2.9% to 158.78 rupees

**Co signs license agreement to set up 110-room hotel in Surat, Gujarat; inks franchise agreement to establish 60-room hotel in Haridwar, Uttarakhand

**More than 3.66 million shares change hands vs 30 day avg of 1.72 million shares

**Stock rated as "buy" on average by 18 analysts; median PT at 178 rupees

**YTD, stock is up 3.6%

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))