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Why Are Lemon Tree Shares Falling?

Elena Rostova • • 3 min read
Why Are Lemon Tree Shares Falling?
★ Key Takeaways

Shares of Lemon Tree Hotels Ltd Have Fallen 37% from Their Highs. After Scaling a High of ₹89 on 11 March 2019, the Stock Has Tumbled Back to Its Initial Public Offering Price of ₹56. Besides, Investor Worries on the Impact of Domestic and Global Slowdown on Tourism and the Hotel Sector Hurt the Stock as Well.

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Direct Answer • Key Takeaway

Shares of Lemon Tree Hotels Ltd Have Fallen 37% from Their Highs. After Scaling a High of ₹89 on 11 March 2019, the Stock Has Tumbled Back to Its Initial Public Offering Price of ₹56. Besides, Investor Worries on the Impact of Domestic and Global Slowdown on Tourism and the Hotel Sector Hurt the Stock as Well.

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Elena Rostova
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Elena Rostova

Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.