India's Landmark Cars rises on plans to expand BYD, Mahindra outlets
BUZZ-India's Landmark Cars rises on plans to expand BYD, Mahindra outlets ** Shares of India's Landmark Cars LANM.NS rise 12% to 533 rupees
** Stock marks its biggest intraday percentage gain in more than two months
** The auto retailer says it will add a BYD facility in Noida and a Mahindra & Mahindra showroom in Kolkata
** Adds that new outlets will take its Mahindra & Mahindra network to 12 and BYD network to 11, taking total outlets to 143 across India
** More than 3.6 million shares change hands, about 42x the 30-day average volume - LSEG-compiled data
** Landmark stock up 12.9%, YTD
(Reporting by Payel Das in Bengaluru)
Recent news on Landmark Cars
See all newsIndia's Landmark Cars jumps on record Q2 revenue
Brief: Landmark Cars Q2 Total Revenue From Operations Up 17.3% Y/Y
India's Landmark Cars rises on plans to expand BYD, Mahindra outlets
India's CarTrade Tech jumps as brokerages see new growth avenues
Brief: Cartrade Tech says Landmark Cars And Olx India Announce Strategic Partnership For Pre-Owned Car Platform