09-08-2023 01:54 PM | Source: Accord Fintech
Landmark Cars zooms on incorporating wholly owned subsidiary
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Landmark Cars is currently trading at Rs. 788.00, up by 62.85 points or 8.67% from its previous closing of Rs. 725.15 on the BSE.

The scrip opened at Rs. 753.00 and has touched a high and low of Rs. 790.00 and Rs. 753.00 respectively. So far 41203 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 805.15 on 10-Jul-2023 and a 52 week low of Rs. 433.20 on 26-Dec-2022.

Last one week high and low of the scrip stood at Rs. 790.00 and Rs. 700.35 respectively. The current market cap of the company is Rs. 3104.05 crore.

The promoters holding in the company stood at 53.05%, while Institutions and Non-Institutions held 24.75% and 22.20% respectively.

Landmark Cars has incorporated a wholly owned subsidiary company named ‘Landmark Mobility’ (LMPL). LMPL intends to carry on the business of sales, after sales and allied business. The company has incorporated wholly owned subsidiary on September 4, 2023.

Landmark Cars is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault.