Lemon Tree signs Jorhat property, deepening Assam footprint to 7 hotels
Lemon Tree Hotels adds a Jorhat signing to expand its Assam presence to seven properties, extending its northeast hospitality push. The stocks-to-watch roundup also flags Hero MotoCorp's ₹1,000cr Ather investment, Recode Studios' 51% Aflairza beauty stake, and Delhivery's RBI NBFC nod.
Stocks-to-watch roundup with retail-relevant items: Lemon Tree signs Jorhat hotel expanding Assam footprint; Hero invests ₹1,000cr in EV maker Ather; Recode Studios acquires 51% of luxury beauty brand Aflairza; Delhivery gets RBI NBFC nod.
Why this matters
The Jorhat signing continues Lemon Tree's aggressive footprint growth, following recent additions like 85 rooms in Janakpur, Nepal and 200 keys across Maharashtra's Tadgaon and Igatpuri resorts.
Store-opening activity holding steady with 1,112 signals over the past 90 days.