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HospitalityMedium impactAfter close

Lemon Tree Hotels forms joint venture for Aurika Shillong project

after close1 source ↓written by the desknot a recommendation

property
165-room Aurika Shillong
through its subsidiary
51% stake
via fresh share
49%
acquired by RJ
49% stake

Lemon Tree Hotels has formed a joint venture with RJ Corp to develop the 165-room Aurika Shillong property, retaining a 51% stake through its subsidiary, Carnation Hotels. RJ Corp acquires 49% via fresh share subscription. This partnership aims for capital-efficient expansion in Northeast India, enhancing premium hospitality offerings.

• 51% stake held by Lemon Tree

• 49% stake acquired by RJ Corp

• Focus on upscale hospitality in Northeast India

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 15 Sept 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

LEMONTREE closed +0.7% on the day of the news, from ₹102.58 to ₹103.26; Nifty +0.4% over the same session.

Bulletin at 16:06 IST on 15 Sept 2026. Every change is measured from ₹102.58, the last close before it, on 15 Sept. Nifty 50 is measured over the same sessions.

  • LEMONTREE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
LEMONTREE closes around the bulletin against the close before the news, with Nifty 50 rebased to it92.32102.58112.84axis spans 22%before the news · 15 Sept102.58Nifty 50LEMONTREEbulletinD0+1+3+58 Sept21 Sept30 SeptReference close ₹102.58. 16 sessions from 8 Sept to 30 Sept; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before15 Sept₹102.58basebase
On the day16 Sept₹103.26▲ +0.7%▲ +0.4%+0.2 pp difference
+1 session17 Sept₹104.06▲ +1.4%▲ +0.7%+0.8 pp difference
+3 sessions21 Sept₹105.99▲ +3.3%▲ +1.3%+2.0 pp difference
+5 sessions23 Sept₹107.92▲ +5.2%▲ +1.4%+3.8 pp difference
Gap at the open, % · ₹
▲ +0.2%+0.22 on 16 Sept
Day's range, % · ₹
2.6%≈ 2.7 high to low
Volume on the day
0.60×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · LEMONTREE on the desk →

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