Lemon Tree Hotels (LMNT) (CMP: Rs 43 Market cap: Rs 3,375 crore) posted slightly lower-than-expected Q3 results, mainly driven by pressure on average daily rates due to higher share of the retail segment. Occupancies continued to improve on a quarter-on-quarter basis and the trend is expected to continue, which would eventually lead to improved pricing as well. FY22 is expected to see a strong recovery with normalcy likely towards end of FY23. With the stock price ~30 percent below...
Moneycontrol Pro Panorama | After US, will inflation ease in India?
Aug 11, 2022 / 03:21 PM IST
In today’s edition of Moneycontrol Pro Panorama: Nitish Kumar outfoxes BJP in Bihar, the Fed’s tightening may not be working, Nykaa may take on more gloss, and more
Read NowMoneycontrol Pro Weekender | Shaktikanta Das refuses to pivot
Aug 6, 2022 / 10:21 AM IST
A look at the current macro readings is enough for the RBI governor not to budge and dilute his ‘withdrawal of accommodation’ stance
Read NowTo read the full story, Subscribe to Moneycontrol PRO
Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience
Already a member? Sign in
Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to
Ad free experience
Experience a non-intrusive navigation and faster response in the ad free mode
Sharpest Opinions
Access to 230+ exclusive stories per month from our editorial and Experts
+
Have a Global edge with access to content from world renowned experts and journalist
Actionable Insights
Access to 40+ weekly investment ideas including 4 daily technical calls
Virtual Events
Exclusive access to live webinars from market experts on trading and investment strategies
Newsletters
Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.
Get upto 50% discount on limited period offers