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Lemon Tree Hotels shares in focus after signing license agreement for a hotel in Udaipur
Lemon Tree Hotels announced a new property in Ayodhya, set to open in FY 2028, managed by Carnation Hotels. On Monday, shares closed at Rs 113.9, down 3.5%, while the Sensex fell 0.78%. Year-to-date, shares are down 4% but up 122% over three years.