Bengaluru, July 11 -- A leading name in India's hospitality space is expanding its presence in Maharashtra, reinforcing its focus on high-growth, high-demand destinations. With two new hotel signings, the company continues to deepen its footprint in the state

The company in focus is Lemon Tree Hotels Ltd, currently having a market capitalization of Rs. 12,252 crore. The stock opened at Rs. 156.32, slightly lower than its previous close of Rs. 158.11, and touched an intraday high of Rs. 158.30.

What's the news?

Lemon Tree Hotels has announced the signing of two new properties in Maharashtra: Lemon Tree Premier, Navi Mumbai and Lemon Tree Hotel, Jalgaon. These hotels will be managed by its wholly owned subsidiary, Carnation Hotels Pvt. L...