Landmark Cars Limited

Equities

LANDMARK

INE559R01029

Auto Vehicles, Parts & Service Retailers

End-of-day quote NSE India S.E. Other stock markets 06:00:00 2024-05-08 pm EDT			5-day change	1st Jan Change
743 ^INR	-6.82%		-6.35%	-10.95%

May. 02	Landmark Cars to Start Dealership in Rajasthan, India	MT
Apr. 22	Landmark Cars Signs Deal to Set Up Mahindra Showrooms, Workshops in Hyderabad, India	MT

Landmark Cars Limited Receives Formal Letter of Approval from Byd India Pvt Ltd for Opening A Showroom in South Mumbai, Maharashtra

February 07, 2024 at 04:03 am EST

Landmark Cars Limited has received a formal letter of approval from BYD India Pvt Ltd. for opening a showroom in South Mumbai, Maharashtra. This showroom will be established by M/s Watermark Cars Private Limited, a wholly owned subsidiary company of Landmark Cars. This will be the Fourth BYD showroom of the Company.

The Company already has a showroom and workshop each in Western Mumbai, Delhi and Noida for providing Sales and After Sales services to its customers. BYD is the top New Energy Vehicle manufacturer worldwide in 2023 and has plans to launch new products in India this year.

Latest news about Landmark Cars Limited

Landmark Cars to Start Dealership in Rajasthan, India	May. 02	MT
Landmark Cars Signs Deal to Set Up Mahindra Showrooms, Workshops in Hyderabad, India	Apr. 21	MT
Landmark Cars Forms New Wholly-Owned Unit	Apr. 10	MT
Landmark Cars Limited Incorporates Wholly Owned Subsidiary Company Namely Landmark Premium Cars Private Limited	Apr. 10	CI
Landmark Cars to Add Kia Dealership to Offerings in Hyderabad, India; Shares Climb 3%	Apr. 01	MT
Landmark Cars to Set Up New Mercedes Benz Workshop in Mumbai, India	Mar. 12	MT
Landmark Cars Ties Up with MG Motor for New Dealership in Ujjain, India	Feb. 29	MT
Landmark Cars Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 09	CI
Landmark Cars Limited acquired Dealership business in Goa from Priorityauto Lincs Private Limited for approximately INR 140 million.	Feb. 08	CI
Landmark Cars Ties Up with MG Motor for New Dealership in Mumbai	Feb. 08	MT
Landmark Cars Limited Receives Formal Letter of Approval from Byd India Pvt Ltd for Opening A Showroom in South Mumbai, Maharashtra	Feb. 07	CI
Landmark Cars to Open Mercedes-Benz Workshop in Hyderabad, India	Dec. 17	MT
Landmark Cars Limited Strengthens Its Leadership Position in Ahmedabad with MG Motor India Pvt Ltd	Dec. 15	CI
Landmark Cars' Consolidated Profit Rises in Fiscal Q2	Nov. 09	MT
India's Landmark Cars posts about 21% rise in Q2 profit on lower costs	Nov. 08	RE
Landmark Cars Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 08	CI
Landmark Cars Limited Provides Proforma Sales Results for the Quarter and Six Months Ended September 30, 2023	23-10-15	CI
Landmark Cars to Open New MG Motor Dealership in Goa, India	23-10-13	MT
INDIA STOCKS-Indian shares top one-month highs, set for best week in 2 months	23-09-08	RE
Indian shares set for muted open over US interest rate worries	23-09-07	RE
Landmark Cars to Open New Dealership in Howrah, India with Mahindra	23-09-07	MT
Landmarks Cars Forms New Wholly-Owned Unit	23-09-07	MT
Landmark Cars Limited Announces Incorporation of A Wholly Owned Subsidiary Company, Landmark Mobility Private Limited	23-09-07	CI
Landmark Cars Limited Recommends Final Dividend for Fiscal Year 2022-23	23-08-29	CI
Landmark Cars Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-12	CI

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Company Profile

Landmark Cars Limited is an India-based auto retailer. The Company is authorized dealers of vehicles for Mercedes-Benz, Honda, Volkswagen, Renault, Jeep, BYD and Ashok Leyland. It is engaged in the business of authorized agent of selling automobiles of a single brand, Mercedes-Benz and operation of showrooms to buy and sell automobiles of various other brands; operation of workshops and garages to repair and service the automobiles, including other ancillary services; direct selling agency/marketing agency on behalf of inter alia banks and non-banking financial companies to market their financing schemes to customers; selling of accessories provided by the original equipment manufacturer and other local vendors, and the insurance commission business. It also caters to the commercial vehicle retail business of Ashok Leyland. It operates about 115 outlets across eight Indian states and union territories across 26 cities. It also offers products, such as caps and business card wallets.

Sector

Auto Vehicles, Parts & Service Retailers

Calendar

2024-05-27 - Q4 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

797.4 INR

Average target price

861 INR

Spread / Average Target

+7.98%

Consensus

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