Don't miss action in this hotel stock below Rs 100 that managed to close at its days high!

Don't miss action in this hotel stock below Rs 100 that managed to close at its days high!

Kaustubh Bhosale
/ Categories: Trending, Mindshare

Besides, its shares also managed to close at its day’s high thereby, indicating bullishness in the counter.

The shares of Lemon Tree Hotels managed to outperform the broader markets by closing 4 per cent higher during Friday’s trading session. Besides, its shares also managed to close at its day’s high thereby, indicating bullishness in the counter.   

  

The shares of Lemon Tree Hotels are up by 66 per cent on a YTD basis, which doubled in a one-year timeframe.  

  

In fact, the entire hotel & tourism industry is witnessing improvement in business on the ground and the same is being reflected in their stock prices.   

  

The shares of Lemon Tree Hotels are witnessing a multi-year price volume breakout and hence, investors should keep this trending hotel stock on their watchlist.   

  

On Friday, BSE Sensex managed to close at 59,793.14 levels, climbing 0.18 per cent while Nifty closed at 17,833.35 levels, advancing 0.19 per cent.  

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