Announced Sat, 25 Jul · 10:43 IST
Landmark Cars to open new MG Experia outlet in Ahmedabad
Business Updates View source PDF
LANDMARK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹518.10
prior close
₹534.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-0.7-0.6+0.2——————————
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AI summary
Landmark Cars has received a letter of intent from JSW MG Motor India to open a new MG Experia showroom in Vastral, Ahmedabad through its wholly owned subsidiary Aeromark Cars. This will be the company's 17th MG Motor outlet overall and 2nd in Ahmedabad, where Landmark started operations 27 years ago. The expansion strengthens its partnership with JSW MG Motor and deepens its presence in the MG brand and Gujarat market.
Likely market impact
Expands MG dealership network to 17 outlets, supporting growth in premium auto retail and partnership with JSW MG Motor.