Lemon Tree Hotels Faces Continued Stock Decline Amid Market Volatility
Lemon Tree Hotels has faced significant stock declines, marking two consecutive days of losses and a total drop of 6.21%. The stock's performance over the past month shows a 6.77% decrease, contrasting with the broader Sensex index's minor dip, indicating ongoing challenges in the market.
Lemon Tree Hotels, a midcap player in the hotel, resort, and restaurant industry, has experienced notable declines in its stock performance today. On February 7, 2025, the stock fell by 5.1%, underperforming its sector by 4.69%. This marks the second consecutive day of losses, with a total decline of 6.21% over this period.During intraday trading, Lemon Tree Hotels reached a low of Rs 137.25, reflecting a decrease of 6.09%. In terms of moving averages, the stock is currently positioned above the 100-day and 200-day moving averages, yet it remains below the 5-day, 20-day, and 50-day moving averages, indicating a mixed trend in short-term performance.
Over the past month, Lemon Tree Hotels has seen a decline of 6.77%, while the broader Sensex index has only dipped by 0.43%. This performance highlights the challenges faced by the company in the current market environment, as it navigates through recent volatility.
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