India’s Landmark Cars gains as B&K Securities sees earnings revival
14/07/2025 08:53
** Shares of Landmark Cars LANM.NS rise 4% to 528 rupees ** B&K Securities initiates coverage of car dealer with “buy” rating; sets target price at 820 rupees, implying 61% upside from last close ** Brokerage says co’s profits have likely hit a low and should improve as costs come down ** Landmark has a strong position in premium auto retail, with high entry barriers and experienced management - B&K Securities ** LANM rated "buy" by 3 analysts on average; median target price is 580 rupees – data compiled by LSEG ** Stock down 16.6% YTD (Reporting by Rudra Pratap Singh in Bengaluru) ((rudrapratap.singh@thomsonreuters.com))
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