India's Landmark Cars gains on encouraging financial update

Landmark Cars

16/04/2025 07:29

** India's Landmark Cars LANM.NS jumps as much as 4.6% to one-month high of 438.95 rupees; last up 3%

** Car dealer says Q4 revenue rises 17.3% y/y

** ICICI Direct Research says Q4 results slightly below expectations but LANM's comments on stabilizing operations post record expansion in FY25 is encouraging

** Trading vol of 260,000+ shares is ~4x six-month daily avg

** YTD, LANM down around 31%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com ;))