India, Jan. 7 -- The shares of this leading hospitality company, which is one of the leading chains in the mid-priced hotel chains, are in focus after a potential rumour of Warburg Pincus, a major global PE firm, might acquire a significant stake in the business. In this article, we will dive more into the details of it.

With a market capitalization of Rs 12,137 crore, the shares of Lemon Tree Hotels Ltd reached a day's high of Rs 157.65 per share, up nearly 9 percent from its day's low price of Rs 144.80 per share. Over the past five years, the stock has delivered a robots return of 261 percent, outperforming NIFTY 50's return of 84 percent.

About the news According to sources, Warburg Pincus (PE) is eyeing to acquire a significant sta...