{"id":109471,"date":"2023-09-08T17:28:11","date_gmt":"2023-09-08T11:58:11","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=109471"},"modified":"2023-09-08T17:28:17","modified_gmt":"2023-09-08T11:58:17","slug":"newly-listed-stock-jumps-up-to-19-after-company-announces-partnership-with-mahindra","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/newly-listed-stock-jumps-up-to-19-after-company-announces-partnership-with-mahindra\/","title":{"rendered":"Newly listed stock jumps up to 19% after company announces partnership with Mahindra"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3661059646\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This S&amp;P BSE Smallcap stock rose 19% halfway through the markets open on Friday after it announced a partnership with Mahindra &amp; Mahindra Ltd with volumes that were 22x yesterday\u2019s as well as weekly and monthly average volumes.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4219811933\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The stock closed 0.7% above its 20 day moving average and 1.5% above its 200 day moving average at Rs. 809.25. It is currently 6.3% away from its 52 week high. The company has a market cap of Rs. 3,262 crore.\u00a0<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/LANDMARK\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Landmark Cars Ltd<\/a><\/strong> was listed in December 2022 and has given 74% YTD. In a filing dated 7th September 2023, Landmark stated that it has signed a Letter of Intent with Mahindra and Mahindra Limited for opening a dealership in Howrah in the state of West Bengal. This dealership will be established in one of the wholly owned subsidiary of Landmark Cars Limited, namely Landmark Mobility Private Limited. The company files Incorporation and acquisition details shortly before this.\u00a0<\/p><p>This business will, inter alia, include Sales and After Sales of Mahindra\u2019s Personal, Pickup and Supro range of vehicles in the areas of Howrah, Hooghly, Kolkata, North 24 Parganas and South 24 Parganas. This is consistent with the strategy of the Company to partner with premium SUV OEs with focus on EVs. Landmark has been present in the state of West Bengal since 2013 with Mercedes-Benz.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3847298934\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>One of the top premium automotive retailers in India is Landmark Cars, which has dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, MG, and Renault. The business also serves Ashok Leyland&#8217;s Indian retail commercial vehicle business. <\/p><p>The business is present throughout the automotive retail value chain, including new car sales. sales of pre-owned passenger vehicles, after-sales service and repairs, pre-owned passenger vehicle sales, and facilitation of third financial and insurance products from a party.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sandeep R<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2361999610\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This S&amp;P BSE Smallcap stock rose 19% halfway through the markets open on Friday after it announced a partnership with Mahindra &amp; Mahindra Ltd with volumes that were 22x yesterday\u2019s as well as weekly and monthly average volumes. The stock closed 0.7% above its 20 day moving average and 1.5% above its 200 day moving [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":22702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[11889,11890,11547,948,936],"class_list":["post-109471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-landmark-cars-latest-news","tag-landmark-cars-partnership-with-mahindra","tag-landmark-cars-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Newly listed stock jumps up to 19% after company announces partnership with Mahindra - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This S&amp;P BSE Smallcap stock rose 19% halfway through the markets open on Friday after it announced a partnership with Mahindra &amp; Mahindra Ltd with volumes that were 22x yesterday\u2019s as well as weekly and monthly average volumes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/newly-listed-stock-jumps-up-to-19-after-company-announces-partnership-with-mahindra\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Newly listed stock jumps up to 19% after company announces partnership with Mahindra\" \/>\n<meta property=\"og:description\" content=\"This S&amp;P BSE Smallcap stock rose 19% halfway through the markets open on Friday after it announced a partnership with Mahindra &amp; Mahindra Ltd with volumes that were 22x yesterday\u2019s as well as weekly and monthly average volumes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/newly-listed-stock-jumps-up-to-19-after-company-announces-partnership-with-mahindra\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-08T11:58:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-08T11:58:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Mahindra-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/newly-listed-stock-jumps-up-to-19-after-company-announces-partnership-with-mahindra\/\",\"url\":\"https:\/\/tradebrains.in\/features\/newly-listed-stock-jumps-up-to-19-after-company-announces-partnership-with-mahindra\/\",\"name\":\"Newly listed stock jumps up to 19% after company announces partnership with Mahindra - 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