2025-04-28 22:44:23
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Stock Report
Landmark Cars exits its operations in Punjab
Posted On : 2025-04-28 18:32:48( TIMEZONE : IST )
Landmark Cars Limited (BSE: 543714 & NSE: LANDMARK), one of the leading premium automotive retail businesses in India, has sold its Jeep Punjab business of two showrooms and one workshop. With this, Landmark Cars has completely exited from the state of Punjab. This move is in line with the company's strategy to consolidate its operations and rationalize costs.
Given that these locations have been in existence for multiple years, the assets have already been depreciated. As a result, negligible financial impact is expected in the books.
Shares of Landmark Cars Limited was last trading in BSE at Rs. 419.95 as compared to the previous close of Rs. 414.80. The total number of shares traded during the day was 1952 in over 176 trades.
The stock hit an intraday high of Rs. 423.15 and intraday low of 407.25. The net turnover during the day was Rs. 814108.00.
