Munish_Jain

LEMONTREE | Swing Trade

Long
NSE:LEMONTREE   LEMON TREE HOTELS
πŸ“Š DETAILS
Sector: Hotel, Resort & Restaurants
Mkt Cap: 9,883 cr

Lemon Tree Hotels Ltd is largest mid-priced and the third largest overall hotel chain in India. It operate in the upscale segment and in the mid-priced sector, consisting of the upper-midscale, midscale and economy segments. It delivers differentiated yet superior service offerings, with a value-for-money proposition.

TTM PE : 76.16 (Average PE)
Sector PE : 56.37
Beta : 0.81

πŸ“š INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

6.39% away from 52 week high
Underperformer - Lemon Tree Hotels up by 5% v/s NIFTY 50 up by 7.27% in last 1 month

πŸ“ˆ FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Comment:
Trail stoploss 115
Trade closed: target reached:
T1
Comment:
Trail SL to 128
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