Lemon Tree Hotels Ltd.

NSE: LEMONTREE | BSE: 541233 | ISIN: INE970X01018 | Industry: Hotels
| Expensive Rocket
139.3300 -3.68 (-2.57%)
NSE May 30, 2025 15:31 PM
Volume: 11.0M
High volume today

139.33
-2.57%
ICICI Securities Limited
The ongoing coronavirus outbreak has had a severe impact on the hotel bookings in India from Feb-20 onwards with massive forward booking cancellations across cities. This in turn has eroded the ability of hotels across India with heavy loss of business during this peak season time. The extent of this lost business has primarily been seen across all major tourist and business destinations and we expect the situations to remain severely weak with individuals cancelling or deferring their travel plans and thousands of companies adopting the work from home' and no travel' policies. This...
Lemon Tree Hotels Ltd. is trading above all available SMAs
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