Lemon Tree Hotels Shares Rise on Warburg Pincus Investment and Restructuring Plan
1 hour agoBusiness
38LENS
4 SourcesIndia
TBNthebalanced.news
Lemon Tree Hotels Shares Rise on Warburg Pincus Investment and Restructuring Plan

Lemon Tree Hotels' shares surged following an announcement of a strategic restructuring and a Rs 960 crore investment from Warburg Pincus. The company plans to split into an asset-light management entity and an asset-heavy development arm, with Fleur Hotels managing ownership assets. Brokerages like Nuvama and Investec maintain 'Buy' ratings, anticipating value unlocking from the new structure and Warburg's investment.

Political Bias
16%68%16%
Sentiment
72%