Landmark Cars543714Automobile dealership
Landmark Cars stock jumped 10% on expanding EV business footprint and new partnerships
- Stock move today
- 10 percent
- Rise from March low
- 45 percent
- Mahindra and Mahindra stores
- 12 stores
- BYD stores
- 11 stores
- EV share of revenue
- 30 percent
Heard on Live TV News Channel between 13:51:57 - 13:53:12 IST.
- Stock up 10% in trade and 45% from March low.
- Expanded footprint with key EV customers BYD and Mahindra & Mahindra; added new BYD facility in Noida and new Mahindra outlet in West Bengal.
- Now has 12 stores for Mahindra & Mahindra and 11 for BYD; EV already 30% of company's revenue.
- Added new stores for MG ahead of new launches like Majster and Tomahawk.
- Company said after-sales revenue won't decline with higher EV share, citing more frequent maintenance and accident repairs for EVs.
- On 24th September, partnered with OLX India/CarTrade Tech to establish a pre-owned cars platform, boosting used car sales revenue.
Also from Landmark Cars
Landmark Cars partners with OLX to launch a pre-owned car (phygital) platform, alongside plans to grow its EV and aftersales business
30 Sep 2026
Landmark Cars in focus as it expands its EV footprint with a new BYD facility in Noida and an M&M outlet in West Bengal
29 Sep 2026
Landmark Cars announced a collaboration with OLX to develop a used car platform website, shared on the exchange on 24th September
29 Sep 2026
Source: Live TV News Channel · 29 Sep 2026
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