Landmark Cars Shares Rise 12% ( 29 sep) : 143 Outlets After BYD, M&M Additions

Landmark Cars shares rose 12% to Rs 535.80 in Tuesday's intraday trade on the BSE after the company announced the addition of a BYD facility in Noida and a Mahindra & Mahindra showroom in Kolkata. Trading activity also rose sharply, with about 3.9 million shares changing hands across the NSE and BSE.

The stock was trading 11% higher at Rs 529 at 10:08 AM, while the BSE Sensex was down 0.87% at the time. Landmark Cars' shares have remained below their 52 week high of Rs 674.70, recorded on October 15, 2025.

The latest network additions expand Landmark Cars' presence with two of its existing original equipment manufacturer partners. The company said the move supports its plan to deepen its relationships with OEMs and expand across more locations.

What happened at Landmark Cars

Landmark Cars is adding a BYD facility in Noida and an M&M showroom at EM Bypass in Kolkata, West Bengal. The company said the new locations will expand its retail network with both brands.

The Noida facility is significant for Landmark Cars' relationship with BYD. The company said it is BYD's largest retail and service partner in India. The new facility increases its presence with the electric vehicle manufacturer.

The Kolkata showroom also expands Landmark Cars' network with Mahindra & Mahindra in the region. The company said both additions are part of its longer term plan to deepen engagement with existing OEM partners and build a wider presence across India.

The company's growing exposure to auto brands can also be seen in recent auto stocks trading activity, where Mahindra related names were among the stocks being tracked by investors.

Landmark Cars network and EV contribution

The new outlets come as electric vehicles form a meaningful part of Landmark Cars' sales mix. The company said its EV portfolio contributed about 30% of new car sales revenue in Q1FY27, which covers the quarter ended June 2026.

BYD and M&M were among the leading EV brands in Landmark Cars' portfolio during the period. After the latest additions, the company will have 12 M&M outlets and 11 BYD outlets, taking its total outlet count to 143 across India.

Particulars	Details
Intraday share price	Rs 535.80
Intraday rise	12%
Price at 10:08 AM	Rs 529
Combined NSE and BSE volume	3.9 million shares
52 week high	Rs 674.70
M&M outlets after expansion	12
BYD outlets after expansion	11
Total outlets	143
EV contribution to new car sales revenue in Q1FY27	About 30%

The increase in outlet count gives Landmark Cars a larger retail presence for brands that are important to its EV business. It also adds another location for after sales service and customer engagement, areas that form part of the company's wider automotive retail business.

Why the new BYD and M&M outlets matter

Landmark Cars operates across several vehicle categories and brands. Its portfolio includes Mercedes Benz, Honda, Jeep, Volkswagen, BYD, Renault, M&M, KIA, MG Motors and Citroen. The company also operates in commercial vehicle retail through Ashok Leyland.

The business is spread across more than just new vehicle sales. It also includes after sales service and repairs, pre owned passenger vehicles, spares, accessories and the facilitation of third party finance and insurance products.

This gives Landmark Cars several revenue streams around the same customer relationship. A customer buying a vehicle can also use the company's service network and related offerings during the ownership period.

The company has also been expanding its presence with Mahindra. Its latest showroom addition comes as the group continues to build its auto retail footprint. Recent coverage of Mahindra and Mahindra stock has also focused on developments around the automaker and its business performance.

Landmark Cars share price and trading volume

The sharp share price move came with heavy trading activity. About 3.9 million Landmark Cars shares changed hands across the NSE and BSE, with the stock rising to Rs 535.80 during intraday trade.

The movement took place even as the broader market was weaker. At 10:08 AM, the BSE Sensex was down 0.87%, while Landmark Cars was trading 11% higher at Rs 529.

The stock's current level also remains below its previous 52 week high. Landmark Cars had touched Rs 674.70 on October 15, 2025. The latest move therefore puts the stock closer to that earlier high, although the source does not provide a fresh valuation assessment or a price target.

About Landmark Cars

Landmark Cars is an automotive retail company with a multi brand dealership network in India. Its brands cover premium and luxury passenger vehicles, mass market vehicles, electric vehicles and commercial vehicles.

Its business also extends into after sales service, repairs, pre owned vehicles and related customer services. The company said its multi brand portfolio reduces its exposure to any single OEM, geography or vehicle segment.

The company said its focus remains on building long term relationships with OEM partners through network expansion and a wider market presence. The latest BYD and M&M additions fit within that stated approach.

Market analysis

Landmark Cars' FY26 annual report said the Indian passenger vehicle market has room for long term expansion, supported by factors such as low vehicle penetration, rising consumer aspirations, premiumisation and greater formalisation of automotive retail.

The company also pointed to the structure of developed auto markets, where large retail groups account for a higher share of industry volumes. Landmark Cars said its diversified OEM portfolio, wider service network and growing EV presence can support market share gains over time while it maintains a focus on disciplined expansion.

The source does not provide a fresh earnings forecast or valuation estimate following the new outlet announcements. The share price reaction therefore needs to be viewed alongside future operating performance, including how new outlets contribute to vehicle sales and related services.

What investors should watch

The next updates from Landmark Cars can provide more information on how the expanded network affects its business. Areas to watch include:

• EV sales contribution and the performance of BYD and M&M
• Revenue generated by the expanded dealership network
• After sales activity across the new locations
• Further OEM network additions and outlet expansion
• Future financial results and management commentary

The company has not provided a specific financial contribution from the Noida BYD facility or Kolkata M&M showroom in the supplied material. The impact on revenue and profitability will therefore depend on the performance of the new outlets after they become operational.

Frequently asked questions

Why did Landmark Cars shares rise on September 29, 2026?

Landmark Cars shares rose after the company announced a new BYD facility in Noida and an M&M showroom in Kolkata. The stock gained 12% to Rs 535.80 in intraday trade, while trading volume reached about 3.9 million shares across the NSE and BSE.

How many outlets will Landmark Cars have after the expansion?

Landmark Cars will have 143 outlets across India after the latest expansion. Its network will include 12 M&M outlets and 11 BYD outlets.

What was Landmark Cars' EV contribution in Q1FY27?

Landmark Cars said its EV portfolio contributed about 30% of new car sales revenue in Q1FY27. BYD and M&M were among the leading EV brands in its portfolio during the quarter.

Where is Landmark Cars adding new facilities?

Landmark Cars is adding a BYD facility in Noida and an M&M showroom at EM Bypass in Kolkata, West Bengal. The company said both additions will expand its presence with existing OEM partners.

What was Landmark Cars' 52 week high?

Landmark Cars recorded a 52 week high of Rs 674.70 on October 15, 2025. The stock later rose to Rs 535.80 during intraday trading on September 29, 2026.