{"id":122191,"date":"2024-04-10T18:05:00","date_gmt":"2024-04-10T12:35:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=122191"},"modified":"2024-04-10T18:05:04","modified_gmt":"2024-04-10T12:35:04","slug":"small-cap-hospitality-stock-jumps-2-after-the-company-opens-its-first-property-in-nepal","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/small-cap-hospitality-stock-jumps-2-after-the-company-opens-its-first-property-in-nepal\/","title":{"rendered":"Small cap Hospitality stock jumps 2% after the company opens its first property in Nepal\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3758025782\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of this Hospitality stock under the \u2018small-cap\u2019 category jumped up to 2.30 percent in Wednesday\u2019s trading session after the company announced the opening of new property in Kathmandu, Nepal. In the last six months, the company\u2019s stock gained close to 20 percent for its holders.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-894882792\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 11,067.68 crores, the stocks of Lemon Tree Hotels Limited opened their trading hour on Wednesday at Rs 139.25 and currently trade at Rs 139.70. The company\u2019s scrip witnessed an intra-day high price of Rs 140.95 exhibiting a gain of approximately 2.30 percent compared to the previous close of Rs 137.75 apiece.&nbsp;<\/p><p>Such bullish share price movements are observed today after the company, through a recent regulatory filing with the Bombay Stock Exchange (BSE), announced the foray in Nepal, the land of Mount Everest, and opened its first-ever property in Kathmandu under the brand name \u201cLemon Tree Premier\u201d.&nbsp;<\/p><p>Some of the features of the property include 102 well-appointed rooms and suites, a coffee shop, an Asian restaurant, a recreation bar &amp; tea lounge. For recreational purposes, the hotel will also offer a fitness center, infinity pool, spa, etc.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1174716626\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>\u201cWe are very pleased to start FY25 on a high note, with both the launch of our first hotel in Nepal &#8211; Lemon Tree Premier, Budhanilkantha, Kathmandu, and also crossing the 10,000 room mark.\u201d, <strong>commented Mr. Patanjali Keswani, Chairman and Managing Director, Lemon Tree Hotels<\/strong>.&nbsp;<\/p><p>During the recent financial quarters, the company\u2019s prime indicators of business, viz, its operating revenues as well as after-tax profits, recorded a jump in numbers with the former increasing from Rs 227 crores during Q2FY24 to Rs 289 crores during Q3FY24, and the latter, keeping the timeframe the same, rose from Rs 26 crores to Rs 44 crores.&nbsp;<\/p><p>In addition, the company\u2019s ratio analysis portrays the return ratios, viz, the return on equity (RoE) as well as the return on capital employed (RoCE), been reported at healthy numbers during FY22-23 with the former reported at 13.41 percent and the latter at 10.54 percent.&nbsp;<\/p><p>Incorporated in the early 2000s, Lemon Tree Hotels Limited is an India-based company that owns and operates a chain of business and leisure hotels under the brand name \u2018Lemon<\/p><p>Tree Premier\u2019, \u2018Lemon Tree Hotels\u2019, and \u2018Redfox Hotels\u2019. The majority of its revenue is generated from the rental of rooms.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\">Disclaimer<\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any los<\/strong><\/strong><\/p><div class=\"trade-content-10\" id=\"trade-614773390\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-1107489220\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of this Hospitality stock under the \u2018small-cap\u2019 category jumped up to 2.30 percent in Wednesday\u2019s trading session after the company announced the opening of new property in Kathmandu, Nepal. In the last six months, the company\u2019s stock gained close to 20 percent for its holders.&nbsp; With a market capitalization of Rs 11,067.68 crores, the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":40074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-122191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small cap Hospitality stock jumps 2% after the company opens its first property in Nepal\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this Hospitality stock under the \u2018small-cap\u2019 category jumped up to 2.30 percent in Wednesday\u2019s trading session after the company announced the opening of new property in Kathmandu, Nepal.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/small-cap-hospitality-stock-jumps-2-after-the-company-opens-its-first-property-in-nepal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small cap Hospitality stock jumps 2% after the company opens its first property in Nepal\u00a0\" \/>\n<meta property=\"og:description\" content=\"Shares of this Hospitality stock under the \u2018small-cap\u2019 category jumped up to 2.30 percent in Wednesday\u2019s trading session after the company announced the opening of new property in Kathmandu, Nepal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/small-cap-hospitality-stock-jumps-2-after-the-company-opens-its-first-property-in-nepal\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-10T12:35:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-10T12:35:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/05\/oberoi-hotels-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-hospitality-stock-jumps-2-after-the-company-opens-its-first-property-in-nepal\/\",\"url\":\"https:\/\/tradebrains.in\/features\/small-cap-hospitality-stock-jumps-2-after-the-company-opens-its-first-property-in-nepal\/\",\"name\":\"Small cap Hospitality stock jumps 2% after the company opens its first property in Nepal\u00a0 - 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