Lemon Tree Hotels Sees Surge in Trading Activity and Strong Market Performance

Lemon Tree Hotels Ltd, a notable player in the Hotels & Resorts industry, has emerged as one of the most active equities today, with a total traded volume of 9,182,884 shares and a total traded value of approximately Rs 156.61 crores. The stock opened at Rs 167.00 and reached a day high of Rs 174.90, marking a new 52-week and all-time high, before settling at a last traded price of Rs 167.50.
The company has shown strong performance, outperforming its sector by 1.03% today. Over the past three days, Lemon Tree Hotels has recorded a consecutive gain, yielding a return of 13.41%. The stock's intraday high reflects a 5.15% increase from its opening price. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

Investor participation has also surged, with delivery volume on August 21 reaching 685,200 shares, a significant increase of 266.93% compared to the 5-day average. The stock's liquidity remains robust, supporting a trade size of Rs 2.44 crores based on 2% of the 5-day average traded value. Overall, Lemon Tree Hotels Ltd continues to demonstrate strong market activity and performance metrics in the small-cap segment.