Franklin Templeton buys 1.6 crore shares of Lemon Tree Hotels

Both the funds bought the stake at an average price of Rs 55 per share.

By ET Bureau | Aug 30, 2019, 08.10 AM IST

Franklin Templeton Mutual Fund bought 1.6 crore shares of Lemon Tree Hotels on Thursday while Van Eck Funds Emerging Markets Fund bought 1.3 crore shares of the hotel chain, bulk deal data on the NSE showed. Both the funds bought the stake at an average price of Rs 55 per share.

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