Landmark Cars to expand its presence in Kolkata with a new KIA Showroom

Landmark Cars Limited (BSE: 543714 | NSE: LANDMARK), a leading premium automotive retail network in India, has received an LOA from KIA India to open a showroom at B.T. Road in Kolkata. This dealership will be established in one of the wholly owned subsidiaries of Landmark Cars, namely, Landmark Premium Cars Private Limited.

Landmark currently has one KIA showroom and two KIA workshops in Kolkata. The upcoming showroom will improve the Landmark's contribution to Kia Sales in Kolkata along with expanding the car parc and will have the potential to drive higher throughput for the workshops. This expansion takes Landmark's footprint in West Bengal to ten outlets across brands.

Shares of Landmark Cars Limited was last trading in BSE at Rs. 646.70 as compared to the previous close of Rs. 639.10. The total number of shares traded during the day was 2066 in over 208 trades.

The stock hit an intraday high of Rs. 652.00 and intraday low of 637.80. The net turnover during the day was Rs. 1328194.00.

Source : Equity Bulls

Keywords

LandmarkCars INE559R01029 AutoDealer KIAIndia LOA BTRoad Kolkata NewShowroom