Landmark Cars Shares Jump 12% After BYD, Mahindra Network Expansion
5paisa Capital Ltd
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Last Updated: 29th September 2026 - 05:29 pm
Shares of Landmark Cars climbed nearly 12% on Tuesday after the automobile retailer added two new showrooms to its network a BYD outlet in Noida and a Mahindra & Mahindra showroom in Kolkata.
Invest in Indian Markets and Unlock Future Potential With 5paisa!The stock touched ₹537.85 during the day, its highest level in more than a month. The rise also brought an end to four consecutive sessions of losses, during which Landmark Cars shares had declined 7%.
Trading activity picked up sharply alongside the rise in the share price. More than 12.5 million shares had changed hands by late afternoon, over 12 times the stock’s average daily trading volume for the previous three months.
Some of the early gains, however, faded as the session progressed. At 2:55 pm, Landmark Cars was trading at ₹495.95, up 4% for the day.
The movement came after the company expanded its dealership presence with BYD and Mahindra & Mahindra. The Noida showroom takes Landmark Cars’ BYD network to 11 outlets, while the new Kolkata location increases its Mahindra & Mahindra network to 12.
With the latest additions, Landmark Cars now has 143 outlets across India.
Electric vehicles have also become an important part of the company’s new-car business. During the first quarter of FY27, EVs contributed around 30% of Landmark Cars’ new-car sales revenue. BYD and Mahindra & Mahindra are among the major EV brands in its portfolio.
Landmark Cars operates dealerships for several automobile brands, including Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, Kia, MG Motors and Citroën. The company is also involved in the retail business for Ashok Leyland commercial vehicles in India.
The two new showrooms add to Landmark Cars’ existing network at a time when the company is expanding its presence with automobile brands already part of its portfolio.
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