Buy Lemon Tree Hotels, target price Rs 190: Motilal Oswal Financial Services
Motilal Oswal recommends buying Lemon Tree Hotels stock, setting a target price of Rs 190 compared to its current market price of Rs 154.25. The hotel chain reported strong Q2 earnings, with profit up 23.78% year-over-year. Analysts predict continued growth for the hospitality sector, driven by economic activity and improved infrastructure.