Landmark Cars Limited (BSE: 543714 | NSE: LANDMARK), a leading premium automotive retail network in India, is set to expand its footprint in Hyderabad by opening a new Mahindra & Mahindra ('M&M') workshop in Kompally, Hyderabad. This workshop will help Landmark in catering to high demand witnessed in the existing two M&M workshops in Hyderabad. This workshop will be established in one of the wholly owned subsidiaries of Landmark Cars, namely, Landmark Mobility Private Ltd.
This addition will take the total outlet count of Mahindra & Mahindra outlets to 8 in Hyderabad and 12 overall.
This expansion is in line with Landmark's strategy of deepening its engagement within each brand and geography. Such focused growth builds a robust network impact over time and continues to enhance Landmark's standing as a trusted partner of choice for leading OEMs.
Shares of Landmark Cars Limited was last trading in BSE at Rs. 353.95 as compared to the previous close of Rs. 361.30. The total number of shares traded during the day was 4246 in over 254 trades.
The stock hit an intraday high of Rs. 360.00 and intraday low of 340.15. The net turnover during the day was Rs. 1494052.00.