Landmark Cars to expand service network with Mercedes-Benz India

Landmark Cars Limited (BSE: 543714 & NSE: LANDMARK), one of the leading premium automotive retail businesses in India, has received an Expression of Interest from MercedesBenz India for opening a workshop in the Eastern part of Mumbai, Maharashtra. This workshop will be established by the listed company, Landmark Cars Limited.

Commenting on this development Mr. Sanjay Thakker, Promoter and Chairman, Landmark Cars Limited said, "This is a significant development for Landmark as we build on our solid relationship with MercedesBenz India to further penetrate the service network. This step reflects our commitment to Mercedes-Benz India guiding principles of customer centricity and transformation. This workshop will tap into existing carparc in the vicinity from the inception."

Shares of Landmark Cars Limited was last trading in BSE at Rs. 723.30 as compared to the previous close of Rs. 728.90. The total number of shares traded during the day was 8982 in over 683 trades.

The stock hit an intraday high of Rs. 746.70 and intraday low of 708.55. The net turnover during the day was Rs. 6476285.00.

Source : Equity Bulls

Keywords

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