Landmark Cars Ltd adds Kia India dealership in Hyderabad

Landmark Cars Limited (BSE: 543714 & NSE: LANDMARK), one of the leading premium automotive retail businesses in India, is set to expand its brand offerings by adding Kia India to its portfolio. With this, Landmark Cars will now represent 10 brands in 10 States of India. This dealership will be established in one of its wholly owned subsidiary company of Landmark Cars. This dealership sign-up will include Sales and After Sales services of Kia Cars in the Hyderabad region.

Commenting on this, Mr. Sanjay Thakker, Chairman & Executive Director of Landmark Cars said "The collaboration with Kia India for its dealership in Hyderabad is a testimony to our twin strategy of horizontal expansion by partnering with fast-growing, premium brands and vertical expansion by going deep into an identified geography to achieve operating leverage and would be a beginning of a long and mutually beneficial association between Landmark and Kia."

Over the years, Landmark has built a solid reputation as a preferred choice for OEMs.

Shares of Landmark Cars Limited was last trading in BSE at Rs. 734.95 as compared to the previous close of Rs. 701.00. The total number of shares traded during the day was 10753 in over 926 trades.

The stock hit an intraday high of Rs. 745.00 and intraday low of 702.75. The net turnover during the day was Rs. 7749252.00.

Source : Equity Bulls

Keywords

LandmarkCars INE559R01029 AutoDealer Kia Dealership Hyderabad