Landmark Cars, which got listed on December 23 last year, has jumped 31 per cent to Rs 663.60 on Thursday over its issue price of Rs 506. TPG Growth II SF Pte was also among selling shareholders in the offer for sale.
Monarch initiated coverage on Landmark Cars with a target price of Rs 830. It is a standout entity for its uniqueness – the only listed auto dealer in India and that too focused on luxury vehicles.
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