Throughout Tuesday’s buying and selling session, the shares of one of many largest lodge chains in India that owns/leases/operates/franchises inns throughout the upscale, upper-midscale, midscale and financial system segments within the nation surged by almost 5 % to hit an intraday excessive at Rs. 134.95 on BSE.
This constructive fluctuation within the share value was sparked after Macquarie retained an “outperform” ranking on the inventory, with a possible upside of about 56 %.
Value Motion
With a market capitalisation of Rs. 10,659.7 crores, the shares of Lemon Tree Motels Restricted closed within the inexperienced at Rs. 134.65, up by almost 4.7 %, as in comparison with its earlier closing value of Rs. 128.65. The inventory has delivered constructive returns of almost 4 % within the final six months, in addition to round 8.4 % returns within the final one month.
Brokerage Goal
The worldwide brokerage agency Macquarie has reiterated an “outperform” ranking on Lemon Tree Motels Restricted and assigned a goal value of Rs. 210 per share, representing a possible upside of almost 56 % from Tuesday’s closing value.
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Brokerage Outlook
Macquarie highlights that Lemon Tree Motels is well-positioned for accelerated progress, pushed by the renovation of recent inns and a rise in room stock.
The brokerage additionally notes that the lodge chain operator’s valuation stays enticing, at present buying and selling at a 9 % low cost in comparison with historic valuations ranges. Moreover, Macquarie initiatives that the corporate has the potential to double its earnings by FY28.
Financials
Lemon Tree Motels reported a major progress in income from operations, experiencing a year-on-year rise of almost 22.4 %, from Rs. 290 crores in Q3 FY24 to Rs. 355 crores in Q3 FY25. Equally, its internet revenue elevated throughout the identical interval from Rs. 44 crores to Rs. 80 crores, representing a progress of almost 82 % YoY.
In regards to the Firm
Lemon Tree Motels Restricted is engaged within the enterprise of creating, proudly owning, buying, renovating, working, managing and selling inns, motels, resorts, eating places, and so forth. below the model title of Aurika Lodge, Lemon Tree Premier, Lemon Tree Lodge, Pink Fox Lodge, Keys Choose, Keys Prima and Keys Lite.
Written by Shivani Singh
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