India's Lemon Tree Hotels rises on Warburg Pincus investment
ReutersJan 12, 2026 4:17 AM
Shares of India's Lemon Tree Hotels LEMO.NS rise 2.12% to 153 rupees
Indian hotel chain on Saturday announced investment of 9.6 bln rupees by private equity group Warburg Pincus in its subsidiary, Fleur Hotels, as well as strategic reorganization
Fleur to lead all future hotel acquisitions and development, while Lemon Tree to transition to fully asset-light model - statement
Stock rated "buy" by 19 analysts on avg; median PT is 180 rupees - LSEG data
Stock down 4.38% YTD
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