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MC Pro Ideas for Profit: Lemon Tree Hotels sees encouraging pickup in Q2

Updated : December 10, 2020 13:44:22 IST

In this segment of Ideas for Profit from Moneycontrol Pro, Ruchi Agrawal tried to decipher the recent journey of Lemon Tree Hotels.

The hospitality sector was one of the worst-hit during the COVID-19 pandemic. However, the situation is now improving. In the last few days, momentum has been seen building up in this stock. Lemon Tree Hotels posted an EBITDA level profit in Q2, which was encouraging considering the pandemic situation.

For more, watch the video
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