Landmark Cars Shares Jump More Than 10% Following Record Q2FY26 Quarter

Ahmedabad, October 14, 2025: Landmark Cars Limited (NSE: LANDMARK) shares jumped more than 10% in early trading on Tuesday following the company’s best-ever quarterly top-line growth after listing. The stock opened at ₹620 and jumped to a high of ₹647.90 before a slight correction. Trading volumes crossed 6.7 lakh shares, with a total traded value of around ₹42.52 crore, making the counter among the leading gainers on the exchange in the day.

Landmark Cars Limited is among India’s premier automotive retail and after-sales services networks representing the finest global brands like Mercedes-Benz, Honda, Jeep, Volkswagen, Renault, Kia, MG, and Mahindra. With a head office in Ahmedabad, the company has an increasing number of showrooms and service centers in India. Both listed on the NSE and BSE, Landmark Cars has established a reputation in the premium as well as luxury auto segments by combining brand associations, customer-first service, and an increasing national presence.

Market Snapshot

Landmark Cars, as of 10:45 am IST, was trading at ₹624.30, up 7.33% from the previous close of ₹581.65. The scrip has moved in the range of ₹612.30 to ₹647.90 during the session. The company’s volume-weighted average price (VWAP) stood at ₹633.55, with a delivery percentage of 65.93%, indicating strong investor conviction. Landmark’s market capitalization is estimated at ₹2,680.40 crore, while its free-float market cap stands at ₹1,276.50 crore. Over the past year, the stock has ranged between ₹703.00 and ₹329.80.

Strong Quarter Drives Sentiment

The rally comes on the back of Landmark Cars’ strong Q2FY26 business update that saw a 30.5% year-on-year jump in revenue to ₹1,655 crore, its fastest growth since listing. The uptick was spearheaded by a 35% rise in vehicle sales and the highest-ever after-sales service revenue.

Operatively, the firm was aided by additions in new dealerships for key premium players like Mercedes-Benz, Kia, MG, and Mahindra, as well as strong customer demand during the current festive period.

The positive tone of management also lifted sentiment in the market. The firm pointed out that the recent GST rate reduction on internal combustion engine (ICE) vehicles is expected to “revive demand on a sustained basis,” underlining stronger growth traction in the subsequent quarters.

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