Lemon Tree Hotels Ltd.

NSE: LEMONTREE | BSE: 541233 | ISIN: INE970X01018 | Industry: Hotels
| Mid-range Performer

158.27
2.54%
ICICI Securities Limited
Along expected lines, Lemon Tree Hotels (LTH) clocked its best ever quarter with Q3FY23 consolidated revenue of Rs2.3bn (up 19% QoQ) which was marginally higher than I-sec estimate of Rs2.2bn with reported EBITDA of Rs1.1bn at EBITDA margins of 54.2% (I-sec estimate of 53%).
Lemon Tree Hotels Ltd. has an average target of 193.25 from 9 brokers.
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