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LANDMARK CARS Plunges 4%; BSE AUTO Index Up 0.4%
Wed, 14 Aug 9:30

LANDMARK CARS Plunges 4%; BSE AUTO Index Up 0.4%Image source: bluebay2014/www.istockphoto.com

LANDMARK CARS share price has plunged 4% and is presently trading at Rs 576.5.

Meanwhile, the BSE AUTO index is at 56,975.8 (up 0.4%).

Among the top losers in the BSE AUTO index today are Hero Motocorp (down 1.8%) and Ashok Leyland (down 0.3%).

Motherson Sumi (up 2.4%) and M&M (up 1.2%) are among the top gainers today.

Over the last one year, LANDMARK CARS has moved down from Rs 725.3 to Rs 576.5, registering a loss of Rs 148.8 (down 20.5%).

On the other hand, the BSE AUTO index has moved up from 34,972.6 to 56,975.8, registering a gain of 62.9% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were Cummins India (up 112.3%), Bajaj Auto (up 110.2%) and TVS Motors (up 96.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,024.2 (up 0.1%).

The top gainers among the BSE Sensex today are M&M (up 1.2%) and HCl Tech. (up 1.1%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,146.7 . Hindalco and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 79,024.2, registering a gain of 13,622.3 points (up 20.8%).

LANDMARK CARS Financial Update...

LANDMARK CARS net profit fell 54.8% YoY to Rs 110 million for the quarter ended March 2024, compared to a profit of Rs 243 million a year ago. Net sales rose 1.2% to Rs 8,640 million during the period as against Rs 8,538 million in January-March 2023.

For the year ended March 2023, LANDMARK CARS reported 28.6% increase in net profit to Rs 851 million compared to net profit of Rs 662 million during FY22. Revenue of the company grew 13.6% to Rs 33,824 million during FY23.

The current Price to earnings ratio of LANDMARK CARS, based on rolling 12 month earnings, stands at 41.6.


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