Landmark Cars is currently trading at Rs. 750.95, up by 17.05 points or 2.32% from its previous closing of Rs. 733.90 on the BSE.
The scrip opened at Rs. 736.00 and has touched a high and low of Rs. 778.00 and Rs. 730.10 respectively. So far 8835 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 901.95 on 07-Feb-2024 and a 52 week low of Rs. 651.95 on 19-May-2023.
Last one week high and low of the scrip stood at Rs. 778.00 and Rs. 720.05 respectively. The current market cap of the company is Rs. 3098.07 crore.
The promoters holding in the company stood at 51.59%, while Institutions and Non-Institutions held 24.60% and 23.81% respectively.
Landmark Cars is widening its offerings in the State of West Bengal with Kia India. For the same, the company is acquiring an existing Kia dealer in Kolkata. It will be Landmark Car’s second Kia dealership, the first one being in Hyderabad for which Letter of Acceptance (LoA) has already been received from Kia. The company has received a LoA to operate one showroom and two workshops in Kolkata. This dealership will be established in one of the wholly owned subsidiaries of Landmark Cars, namely Landmark Premium Cars.
Landmark added Kia India to its portfolio of offerings with proposed showroom and workshop in Hyderabad and now it has further strengthened its relationship with Kia India with presence in Kolkata market. This is in line with the Company’s strategy of horizontal expansion with a fast-growing, premium brand and vertical expansion by going deep into an identified geography. Throughout the years, the company has earned a strong reputation as the preferred choice for original equipment manufacturers (OEMs). Their commitment to providing high-quality automotive retail services has made them a trusted partner of the OEM in the automotive retail space.
Landmark Cars is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault.
Company Name | CMP |
---|---|
Popular Vehicles & Services | 158.40 |
Competent Auto | 472.90 |
Landmark Cars | 615.15 |
CarTrade Tech | 1280.45 |
Resourceful Auto. | 48.12 |
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