India's Lemon Tree Hotels set to snap 5-day losing run on Q4 profit jump

Lemon Tree Hotels

30/05/2024 05:57

** Lemon Tree Hotels  LEMO.NS  up 3.3% at 143.15 rupees, set
to snap five-session losing run
    ** LEMO posts a 52.3% Y/Y jump in its March-qtr profit,
while rev rose 29.5%
    ** Analysts avg rating on LEMO is "buy" and median TP is
154.50 rupees - LSEG data
    ** Trading vol 1.2x the 30-day avg by mid morning
    ** Including session's gain, stock up 19.4% YTD
 
 ($1 = 83.4000 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))