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Landmark Cars: Stock jumps after receiving LoA from KIA

Landmark Cars Limited has received an LoA from KIA India to open a new showroom in Kolkata, expanding its network to ten outlets across West Bengal.

Introduction

Leading automotive retail network has received approval from KIA India to set up a new showroom in Kolkata, expanding its presence in West Bengal with ten outlets across multiple brands.

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Share price movement of Landmark Cars

On September 18, 2025, Landmark Cars Limited opened at ₹664.80, up 2.80% from its previous close of ₹646.70. The stock touched a high of ₹664.80 and a low of ₹654.10. By 9:54 AM, it traded at ₹659.05, a 1.91% increase, with a market cap of ₹2,730.11 crore.

Landmark Cars to Open New KIA Showroom

Landmark Cars Limited announced it has received a Letter of Acceptance from KIA India to open a new showroom at B.T. Road in Kolkata through its subsidiary Landmark Premium Cars Private Limited.

The company already operates one KIA showroom and two workshops in Kolkata. The new showroom will enhance KIA sales contribution, support workshop throughput, and expand Landmark’s West Bengal footprint to ten outlets.

Stock performance of Landmark Cars for Period of 1 week, 6 months, and 1 year

Landmark Cars Ltd delivered a 0.43% return over the past week. It gained 60.9% in the past six months. The stock rose 5.78% over the past year.

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Shareholding pattern of Landmark Cars

ParticularsJun 2025Mar 2025Dec 2024
Promoter51.60%51.60%51.60%
FII9%10%11%
DII13.00%13.60%13.80%
Public26.00%25.00%23.90%

About Landmark Cars

Landmark Cars Limited (NSE: LANDMARK) is a leading premium automotive retailer in India, offering new and pre-owned vehicles, after-sales services, and Ashok Leyland commercial vehicles across multiple brands, including Mercedes-Benz, Honda, KIA, and MG Motors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Landmark Cars Limited share price going up today?

A: Landmark Cars Limited share price is rising after receiving an LoA from KIA India to open a new showroom in Kolkata.

Q: How much stake do promoters hold in Landmark Cars Limited stock?

A: Promoters hold 51.60% stake in Landmark Cars Limited stock, reflecting a strong ownership pattern and confidence in the company.

Q: What is the 52-week high and low of Landmark Cars Limited stock?

A: The 52-week high of Landmark Cars Limited stock is ₹703.00, while the 52-week low stands at ₹306.05.

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