{"id":145237,"date":"2025-02-19T13:17:41","date_gmt":"2025-02-19T07:47:41","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=145237"},"modified":"2025-02-19T17:20:01","modified_gmt":"2025-02-19T11:50:01","slug":"hospitality-stock-jumps-6-after-signing-license-agreement-for-property-in-madhya-pradesh","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/hospitality-stock-jumps-6-after-signing-license-agreement-for-property-in-madhya-pradesh\/","title":{"rendered":"Hospitality stock jumps 6% after signing license agreement for property in Madhya Pradesh"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3166746640\"><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>The shares of a Hospitality company, specializing in offering budget-friendly and mid-scale hotel accommodations jumped upto 6 percent upon signing a License Agreement viz. Red Fox by Lemon Tree Hotels for property in Bhopal.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1636559319\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of Rs. 10,374.47 crores on Wednesday, the shares of<strong> <a href=\"https:\/\/portal.tradebrains.in\/stocks\/LEMONTREE\" target=\"_blank\" rel=\"noreferrer noopener\">Lemon Tree Hotels Limited<\/a><\/strong> jumped upto 5.6 percent making a high of Rs. 131.70 per share compared to its previous closing price of Rs. 124.10 per share.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p><strong>Lemon Tree Hotels Limited<\/strong> engaged in offering budget-friendly and mid-scale hotel accommodations, has signed a license agreement for a new property under its arm, Red Fox by Lemon Tree Hotels, in Bhopal, Madhya Pradesh.<\/p><p>The property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited, the hotel will feature 46 rooms, a restaurant, meeting facilities, a bar, and other public areas and it is expected to start operations in FY 2027. This expansion strengthens Lemon Tree&#8217;s presence in Madhya Pradesh, complementing its existing hotels in the region.<\/p><div class=\"trade-content_5\" id=\"trade-3709009422\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Management Commentary<\/strong><\/h2><p><strong>Mr. Vilas Pawar, CEO \u2014 Managed &amp; Franchise Business, Lemon Tree Hotels said: <\/strong>\u201cWe are thrilled to announce our latest signing, which will further expand our presence in Madhya Pradesh. This opening will be in addition to our four operational and three upcoming hotels in the state. This signing is a testament to our commitment to providing exceptional hospitality and unforgettable experiences in one of India\u2019s most vibrant destinations.\u201d<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company<\/strong><\/h2><p>Lemon Tree Hotels Limited (LTHL) is one of the largest hotel chains in India and owns\/leases\/operates\/franchises hotels across the upscale, upper-midscale, midscale, and economy segments. LTHL delivers differentiated yet superior service offerings, with a compelling value proposition. The group offers seven brands to meet guests\u2019 needs across all levels, viz. Aurika Hotels &amp; Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>The company\u2019s total revenue rose by 22.3 percent from Rs. 290.87 crore to Rs. 355.8 crore in Q3FY24-25. Meanwhile, Net profit rose from Rs. 35.4 crore to&nbsp; Rs. 62.49 crore during the same period.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong>&nbsp;<\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><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>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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 losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-1767175346\"><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>The shares of a Hospitality company, specializing in offering budget-friendly and mid-scale hotel accommodations jumped upto 6 percent upon signing a License Agreement viz. Red Fox by Lemon Tree Hotels for property in Bhopal. Price action With a market capitalization of Rs. 10,374.47 crores on Wednesday, the shares of Lemon Tree Hotels Limited jumped upto [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":20326,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-145237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","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>Hospitality stock jumps 6% after signing license agreement for property in Madhya Pradesh - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of a Hospitality company, specializing in offering budget-friendly and mid-scale hotel accommodations jumped upto 6 percent upon signing a License Agreement viz. 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