Lemon Tree share: Lemon Tree shares continue to rise.. Can you buy now? – hotel giant lemon tree share price in continuous rise for last few sessions what is the status of stock

The share price of hotel company Lemon Tree rose by around 2% today. Lemon Tree’s share price has been rising for the past few days. However, over the past one year, Lemon Tree’s share price has risen by over 100% and has become a multibagger.

Hotel sector stocks have been performing well in recent times. The main reason for this is the decrease in the number of corona virus cases, the relaxation of restrictions and the increase in tourism.

ICICI Securities said Lemon Tree stock is expected to benefit as foreign travelers inbound and the hotel industry is expected to pick up in cities like Mumbai and Delhi.

Multibagger share.. This is the reason why Titakar Vegans Share!
Lemon Tree is India’s largest company in the mid-range hotel segment. Lemon Tree has 87 hotels in 54 locations across India. These have a total of 8497 rooms.

Lemon Tree also plans to build 738 new rooms. Lemon Tree’s share price is up 72% so far this year alone. Lemon Tree’s share price has risen 105% in the past year. Lemon Tree’s share price continues to rise amid high expectations.