LEMON TREE HOTELS LTD Q3 RESULTS
Lemon Tree Hotels shares jump 3% on signing licensing agreement for new property Lemon Tree Hotels' shares rose 3% after announcing a new property on Mira Road, Mumbai, set to open in FY 2026. Managed by Carnation Hotels, the property will feature 108 rooms and various amenities. This expansion complements their existing propert...
11 Sep, 2024, 11.08 AM ISTHospitality sector poised for recovery in 2QFY25; Lemon Tree could rally 30% in 1 year The Indian hospitality industry is expected to recover significantly in 2QFY25 after a weak 1QFY25, with RevPAR projected to rise 9-11% YoY. Key drivers include pent-up demand, higher occupancy, and robust expansion by major players like Indian Hote...
08 Sep, 2024, 10.23 AM ISTIndia's GDP hits 15-month low of 6.7% in Q1FY25 India's gross domestic product grew at 6.7 per cent for Q1FY25. Experts were anticipating moderate growth for this quarter, attributing their expectations to the general elections of 2024, a slump in urban consumption and a previously-sluggish rural...
30 Aug, 2024, 06.25 PM IST- ADVERTISEMENT
Nifty target raised to 26,820; 7 new conviction stock picks: Prabhudas Lilladher Domestic brokerage Prabhudas Lilladher (PL Capital) has updated its Nifty target to 26,820 in its latest India Strategy Report. This target is based on a valuation of Nifty at 19 times its March 2026 EPS estimate of Rs 1,411, reflecting the index's ...
30 Aug, 2024, 01.22 PM ISTHotels in India move ahead of global peers in sustainability goals Top hotel chains in India are setting high sustainability goals, with targets like 100% green certified buildings and significant reductions in plastic waste. The hospitality industry is embracing renewable energy and innovative technologies, drivin...
29 Aug, 2024, 04.15 PM ISTMoney-making ideas! Strong stocks likely to return up to 50% Analysts tracked about 400 stocks and identified 54 that could potentially deliver returns of between 20% and 50% over the next 12 months. This includes stocks like DCB Bank and Lemon Tree Hotels, which analysts believe are poised for significant gr...
16 Aug, 2024, 12.38 PM ISTLemon Tree Hotels to list subsidiary Fleur Hotels Lemon Tree Hotels intended to list its subsidiary, Fleur Hotels, soon to address its Rs 1850 crore debt. Fleur Hotels includes 4,000 rooms and major properties. Despite election and heat wave challenges, Q1 2025 marked the highest revenue for Lemon ...
09 Aug, 2024, 11.41 PM ISTQ1 results today: Godrej Consumer among 158 companies to announce earnings on Wednesday Q1 results today: As the first quarter earnings season progressed, 158 companies, such as Pidilite, Godrej Consumer, NHPC, BSE, and ABFRL, announced their results. Godrej Consumer was projected to show a 46% increase in net profit but a slight dip i...
07 Aug, 2024, 10.47 AM ISTQ1 results today: Nestle, Tech Mahindra among 76 companies to announce earnings on Thursday Companies like Adani Energy, Ashok Leyland, Canara Bank, Chalet Hotels, Cyient, Glenmark Life, Laurus Labs, L&T Foods, Mahindra Holidays, PNB Housing Finance, Venus Pipes, Vivanta Industries among others will also declare their results
25 Jul, 2024, 07.55 AM ISTQ1 results today: RIL, Wipro, Paytm among 51 companies to announce earnings on Friday Q1 results today: Several major companies, including Reliance Industries, Wipro, and Paytm, are set to announce their first quarter results today. Expectations range from profit growth to revenue declines across different sectors. Investors are advi...
19 Jul, 2024, 11.43 AM ISTQ1 results today: HCL Tech, IREDA among 14 companies announce earnings on Friday TCS has started the first quarter earnings season with positive results, signaling an improved business environment. Today, HCL Tech, along with 13 other companies, will announce their earnings for the quarter ended June. Other notable companies rep...
12 Jul, 2024, 08.36 AM ISTHeatwaves burn a hole in hotels' revenue growth Heatwave conditions and the seasonality of the hotel business impacted revenue growth in May 2024, with average revenue per available room growing only 2-3% year-on-year. Despite air passenger traffic rising 4.4%, occupancy rates remained flat at 60...
01 Jul, 2024, 12.40 AM ISTExpect improvement in occupancy vis-a-vis the previous year from Q2: Patanjali G Keswani, Lemon Tree Hotels While you can say that in spite of heat it was decent performance, I am looking at trend lines and I expect the catch up will happen really from Q2 when there will be improvements vis-a-vis the previous year in occupancy.
25 Jun, 2024, 01.30 PM ISTLemon Tree Hotels shares surge over 6% after Q4 profit jumps 42% YoY Lemon Tree Hotels saw its shares soar by 6.4% to reach a day's high of Rs 147.4 in Thursday's trading on the BSE. This surge followed the company's announcement of a profit after tax (PAT) of Rs 83.9 crore in the March quarter of FY24, marking a 42%...
30 May, 2024, 11.46 AM ISTITC Q4 Preview: Revenue to grow around 3% YoY; margins to contract Brokerage firms expect that ITC will announce subdued revenue growth for the fourth quarter when it declares its results on May 23. Based on projections from different brokerages, it's anticipated that profits will see a modest 3% year-on-year incre...
23 May, 2024, 06.49 AM ISTHotels up hiring game: About 100,000 jobs likely to be created in 12-18 months Hotels across segments are ramping up their workforce as they are adding more rooms and entering new markets amid a strong pickup in business and leisure travel. The jobs they are recruiting for are a mix of permanent, temporary and gig, said Balasu...
16 May, 2024, 05.30 AM ISTPromoter pledged holdings decline in March quarter: Lemon Tree Hotels, Tata Communications, among others with highest drop Bharat Forge, Lemon Tree Hotels, and Tata Communications completely released their pledged holdings from 7.1%, 3.3%, and 3.1%, respectively in the December quarter.
08 May, 2024, 07.29 PM ISTSmallcap boom is back! FIIs, mutual funds team up to shop at 200 such counters Smallcap stocks rebound post-Sebi comments, with FIIs and mutual funds increasing stakes in 213 counters. Notable gainers include Transformers & Rectifiers, Puravankara, and Motilal Oswal Financial amid concerns over frothy valuations.
26 Apr, 2024, 10.30 AM ISTSAMHI Hotels, 2 more stocks set to sizzle this summer with up to 36% likely upside, says Kotak Equities SAMHI Hotels, SAMHI Hotels share price, Kotak Equities, Chalet Hotels stock target, Indian Hotels stock target
24 Apr, 2024, 08.19 PM ISTTime to check in again? 10 hotel stocks across market cap, one with an upside potential of up to 27% One of the sectors which has got strongly re-rated in the last four years has been hotel and tourism. Whenever there is a re-rating of a sector, it is the leader of that sector which tends to get re-rated first. So, it was the stocks of Indian hotel...
09 Apr, 2024, 02.11 PM IST