Landmark Cars _Slide1
Landmark Cars soars amidst a massive dealership deal. Read more>>
Landmark Cars shares soared 19% to a record high of Rs 862.35 after adding Mahindra & Mahindra to its dealership portfolio.
Trading volumes increase over eight-fold as Landmark Cars surpasses its previous high of Rs 805.15 from July 10, 2023.
Landmark Cars is a premier automotive retailer in India, with dealerships for top brands like Mercedes-Benz, Honda, Jeep, and more.
The company signed a Letter of Intent with Mahindra and Mahindra to open a dealership in Howrah, West Bengal, through its subsidiary.
The new dealership will operate under Landmark Mobility Private Limited, covering sales and after-sales services for Mahindra's vehicles in multiple areas.
With the addition of Mahindra & Mahindra, Landmark Cars is expanding its footprint and strengthening its position in India's premium automotive retail market.