Warburg Pincus Eyes Lemon Tree Hotels Stake; Shares Jump 5% on CNBC-TV18 Report

• Warburg Pincus may acquire a "meaningful stake" in Lemon Tree Hotels, as reported by CNBC-TV18, causing shares to rise over 5%.
• The potential deal could trigger an open offer and involves Warburg Pincus acquiring APG Strategic RE Pool's 14.99% stake initially.
• Warburg Pincus was a significant investor in Lemon Tree Hotels previously, having exited its stake by 2019.
• Lemon Tree Hotels reported an 8% revenue increase to Rs 308 crore and a 20% net profit growth to Rs 41.9 crore in the September quarter.
• PL Capital noted disappointing operational performance due to renovation investments and one-time employee payments, maintaining a 'HOLD' rating.

Why It Matters: Warburg Pincus's potential re-investment in Lemon Tree Hotels boosts shares amid strong profit growth.