This Smallcap Car Dealer company (Landmark Cars) gave 74% return in less than an year

landmark cars

Landmark cars about

Incorporated in 1998, the company is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. The company also caters to the commercial vehicle retail business of Ashok Leyland in India.

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Landmark cars Announcement

This Smallcap company gave an excellent return of 74% this year, surging 11.74% today after it signed a Letter of Intent with M&M for opening a dealership in Howrah. Also, it incorporated a wholly owned subsidiary Landmark Mobility Private Limited (LMPL) on September 4.

Landmark cars performance

For the last 12 months in review, Company sales and profits have recorded CAGR growth of 14% and 35% respectively. Market Cap of the company as on today is about Rs.3,258 Cr.

The company also maintains very good ROCE & ROE of 20.1% and 25.2% respectively. Dividend yield is 0.28%.

Financial reports and details can be accessed from company website here

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