Long-term investors can look at buying the stock after the recent fall for a target of Rs 108 in the next 12 months, suggest experts. Lemon Tree Hotels is Indias largest hotel chain in the mid-priced hotel sector, and the third largest overall, based on controlling interest in owned and leased rooms.

Promoters pledge the share to raise funds for business expansion

Motilal Oswal is bullish on Lemon Tree Hotels recommended buy rating on the stock with a target price of Rs 110 in its research report dated November 14, 2022.

ICICI Direct is bullish on Lemon Tree Hotels recommended buy rating on the stock with a target price of Rs 110 in its research report dated November 14, 2022.

Going by the improvement seen in 1HFY2023, we do not see this derailing anytime soon,said Manish Jeloka, co-head of products and solutions at Sanctum Wealth Management. Given that Q3 is the strongest in terms of seasonality, we expect the momentum to sustain.

Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 7050.99 Crore) operating in Tourism & Hospitality sector.

The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor to analyse a stock's current value and to predict its future price movement.

"Lemon Tree Hotels is one of our high conviction bets. We have built a large concentrated position of 8% in Lemon Tree. Gujarat Fluorochemicals is another stock in our portfolio. We have owned this stock from a price of Rs 580 to todays price of Rs 4,000. Then comes Bharti Airtel which has strong momentum in India with improving ARPUs. The other two bets are Titan and Motherson Sumi Wiring. "

Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6833.13 Crore) operating in Tourism & Hospitality sector.

Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6833.13 Crore) operating in Tourism & Hospitality sector.

Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6833.13 Crore) operating in Tourism & Hospitality sector.

“With a 1.4 times price adjusted book, 25-30% kind of growth, IndusInd Bank is far better placed compared to an Axis Bank at this point of time. Among footwear names, we like Metro Brands and Campus. We also like QSR stocks like Jubilant Food and Devyani International from a medium to long term perspective. ”

“With a 1.4 times price adjusted book, 25-30% kind of growth, IndusInd Bank is far better placed compared to an Axis Bank at this point of time. Among footwear names, we like Metro Brands and Campus. We also like QSR stocks like Jubilant Food and Devyani International from a medium to long term perspective. ”

Campus Activewear is moving in a classical upsloping channel formation with an immediate base at 20-day moving average (DMA). It witnessed a bullish pin bar candlestick pattern at 20-DMA during the recent pullback.

“The hotel sector is in the middle of a very strong demand environment. Usually, the second quarter tends to be a weaker quarter for travel companies, especially hotels but this time around, Q2 has been very strong and going into the seasonally strong Q3 and H2, Indian Hotels or probably the entire hotel industry will report numbers which will probably be the strongest they have ever reported in the last decade.”

Anand Rathi is bullish on Lemon Tree Hotels has recommended buy rating on the stock with a target price of Rs 110 in its research report dated October 03, 2022.

Leaner operating costs, increase in occupancy levels and average room rate reflect the strong uptick in the stock prices of Indian Hotels Company, EIH Ltd and Lemon Tree Hotels

Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6155.76 Crore) operating in Tourism & Hospitality sector.

Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6036.92 Crore) operating in Tourism & Hospitality sector.

For instance, Tirupati topped the trending list by a substantial margin in terms of flight searches on Booking.coms travel search engine KAYAK for travel during Ganesh Chaturthi with searches for the destination increasing by over 477% from the same period in 2019.

Tata Group-backed Indian Hotels Company (IHCL) posted revenue from operations of ₹1,266 crore, an over three-and-a-half-fold increase from a year earlier when the hospitality industry was beset by the second wave of Covid-19. It also posted a profit of ₹181 crore, compared with a ₹302 crore loss during April-June 2021. Chief executive Puneet Chhatwal called it the best fiscal first quarter in the company's history.

For the week, 17,500–17,650 remains a sturdy wall and until it is surpassed convincingly, tentativeness at higher levels will persist

Motilal Oswal is bullish on Lemon Tree Hotels recommended buy rating on the stock with a target price of Rs 90 in its research report dated August 04, 2022.

The Nifty Pharma index was trading 0.5 per cent up at 13047.85.

Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 5236.75 Crore) operating in Tourism & Hospitality sector.

Motilal Oswal is bullish on Lemon Tree recommended buy rating on the stock with a target price of Rs 86 in its research report dated July 11, 2022.

​​Leading Indian and global hotel chains, along with large quick service restaurant (QSR) brands, are all experiencing a staff shortfall primarily due to redundancies created during the pandemic, people familiar with the matter said.

Lemon Tree Hotels Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 4793.09 Crore) operating in Tourism & Hospitality sector.

Industry insiders said many workers who were laid off during the pandemic have moved to other sectors such as retail and banking, and are now reluctant to come back as there is a feeling that hospitality roles are insecure, not as rewarding, and far too demanding.

The latest order came after Jaipuria approached Sebi to settle the proceedings initiated against him for the alleged violation "without admitting or denying the finding".

The move follows the recent promotion of Govind Mundra to the position of head of development, Eurasia, concentrating on exploring hotel conversion opportunities across the Indian sub-continent.

HDFC Bank, the largest private sector lender, said it has registered a 23 per cent growth in total advances in Maharashtra to Rs 3.28 lakh crore in FY22, and it commands a 13 per cent share by total business perspective in the western state.

The Nifty Bank index closed 0.02 per cent down at 35613.65.