LANDMARK

** Shares of Landmark Cars Ltd LANM.NS rise as much as 2.3% to 620 rupees

** Automobile retailer gets letter of intent from JSW MG Motor India to open MG Select dealerships in Ahmedabad, Kolkata

** Adds, co's unit will establish the dealerships and sales are expected to begin by May 2025

** More than 50,000 shares traded as of 11:39 a.m. IST, just above their 30-day moving avg of 49,237 shares

** LANM fell 24.1% in 2024

(Reporting by Meenakshi Maidas in Bengaluru)

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Jan 20 (Reuters) - Landmark Cars Ltd LANM.NS:

• TO OPEN NEW MG SELECT DEALERSHIPS IN AHMEDABAD AND KOLKATA

Source text: ID:nBSE8wdJXQ

Further company coverage: LANM.NS

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Jan 17 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS - TOTAL REVENUE FROM OPERATIONS FOR Q3FY25 UP 26.34% YOY

Source text: ID:nBSE64y2kq

Further company coverage: LANM.NS

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Dec 6 (Reuters) - Landmark Cars Ltd LANM.NS:

• EXECUTES ASSET TRANSFER AGREEMENT TO ACQUIRE A KIA SHOWROOM IN HYDERABAD

Source text: ID:nBSE92PTCT

Further company coverage: LANM.NS

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Nov 11 (Reuters) - Landmark Cars Ltd LANM.NS:

• SEPT-QUARTER CONSOL NET LOSS 240,000 RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 9.07 BILLION RUPEES

Source text: ID:nBSE8wfGMX

Further company coverage: LANM.NS

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Oct 17 (Reuters) - Landmark Cars Ltd LANM.NS:

• RECEIVED A LETTER OF INTENT FROM BYD INDIA

Source text for Eikon: ID:nBSEGwK1B

Further company coverage: LANM.NS

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Oct 4 (Reuters) - Landmark Cars Ltd LANM.NS:

• RECEIVED LOI FROM MERCEDES-BENZ INDIA FOR A DEALERSHIP IN PATNA

Source text for Eikon: ID:nBSE2yC469

Further company coverage: LANM.NS

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** Shares of Landmark Cars LANM.NS down 5.2% to 569 rupees, its lowest since May 2023

** The auto retailer's Q1 consol net profit dropped 55% y/y

** Stock eyes busiest trading session in eight sessions, over 177,000 shares traded

** Including session's losses, stock down ~32% YTD

(Reporting by Manvi Pant in Bengaluru)

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Aug 13 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS LTD JUNE-QUARTER CONSOL NET PROFIT 31.8 MILLION RUPEES

• LANDMARK CARS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.32 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: LANM.NS

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** Shares of auto retailer Landmark Cars LANM.NS up 3.7% to 655.45 rupees, its best day since early-June

** Stock snaps four-sessions of losses

** LANM's Q1 total revenue from operations grew ~25% Y/Y, vehicle sales jumped 26%

** Including session's gains, LANM stock down ~21% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

July 15 (Reuters) - Landmark Cars Ltd LANM.NS:

• Q1 TOTAL REVENUE FROM OPERATIONS ROSE 24.71% Y/Y

Further company coverage: LANM.NS

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May 13 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS LTD - LANDMARK CARS TO OPEN A SALES OUTLET FOR MERCEDES-BENZ INDIA IN BHOPAL

Source text for Eikon: ID:nBSE2Hs5W8

Further company coverage: LANM.NS

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May 2 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS RECEIVED LETTER OF INTENT FROM HONDA CARS INDIA TO ACQUIRE EXISTING DEALERSHIP OPERATIONS IN RAJASTHAN

Source text for Eikon: ID:nBSE9Mfzk5

Further company coverage: LANM.NS

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March 12 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS TO EXPAND SERVICE NETWORK WITH MERCEDES-BENZ INDIA

• RECEIVED EXPRESSION OF INTEREST FROM MERCEDES- BENZ INDIA FOR OPENING WORKSHOP IN MUMBAI

Source text for Eikon: ID:nBSE6G0Gj2

Further company coverage: LANM.NS

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** Shares of Landmark Cars LANM.NS down as much as 6.8% at 763.10 rupees, in sharpest intraday pct decline since June 16, 2023

** Auto retailer posts 29.6% drop in Q3 consol net profit, while rev up about 9.5%

** Stock on track to lose for third consecutive session

** About 200,000 shares changed hands by 12:32 p.m. IST, 1.6x the 30-day avg

** So far this year, stock has fallen ~8% after a ~80% surge in 2023

(Reporting by Hritam Mukherjee in Bengaluru)

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Feb 9 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS DEC-QUARTER CONSOL NET PROFIT 182.4 MILLION RUPEES VERSUS 259 MILLION RUPEES

• LANDMARK CARS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.59 BILLION RUPEES VERSUS 8.76 BILLION RUPEES

Source text for Eikon: ID:nBSE5CGVhZ

Further company coverage: LANM.NS

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** Shares of Landmark Cars LANM.NS rise ~4% to 876 rupees

** Luxury auto dealer said on Monday its Q3 proforma rev from ops rose ~8%
** LANM up 28% since Nov.9 when it reported a rise in Q2 profit

** Stock up ~86% since listing on Dec. 23, 2022

(Reporting by Kashish Tandon)

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Jan 15 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS LTD - Q3 TOTAL REVENUE FROM OPERATIONS UP 8.06% YOY

Source text for Eikon: [ID:]

Further company coverage: LANM.NS

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Nov 8 (Reuters) - Landmark Cars Ltd LANM.NS:

• LANDMARK CARS LTD- APPROVED WRITE-OFF OF OUTSTANDING LOAN GIVEN TO BENCHMARK MOTORS OF 384.55 MILLION RUPEES

• INDIA'S LANDMARK CARS LTD SEPT-QUARTER CONSOL NET PROFIT 201.6 MILLION RUPEES VERSUS 167.2 MILLION RUPEES

• LANDMARK CARS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.71 BILLION RUPEES VERSUS 8.52 BILLION RUPEES

Source text for Eikon: ID:nBSE6Y5cR8

Further company coverage: LANM.NS

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Oct 16 (Reuters) - Landmark Cars Ltd LANM.NS:

• Q2 TOTAL REVENUE FROM OPERATIONS DOWN 2.8% YOY

• Q2 VEHICLE SALES DOWN 7.8% YOY

• ON A YOY BASIS A MARGINAL DEGROWTH WAS WITNESSED ON ACCOUNT OF SUPPLY CHAIN CONSTRAINTS

Further company coverage: LANM.NS

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Oct 13 (Reuters) - Landmark Cars Ltd LANM.NS:

• RECEIVED LETTER OF INTENT FROM MG MOTOR INDIA FOR OPENING DEALERSHIP IN STATE OF GOA

• BUSINESS WILL INCLUDE SALES AND AFTER SALES OF MG CARS

• DEALERSHIP WILL BE OPERATIONAL IN CURRENT QUARTER

Source text for Eikon: ID:nBSE7HZJqF

Further company coverage: LANM.NS

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** Shares of luxury auto dealer Landmark Cars LANM.NS rise as much as 8% to 782 rupees, their all-time high

** Stock logs biggest intraday pct climb since June 23

** Co says it signed a letter of intent with Mahindra and Mahindra MAHM.NS to open a dealership in Howrah, West Bengal

** Dealership will include sales and after sales of MAHM's vehicles

** Separately, LANM says it incorporated its unit Landmark Mobility for 50 mln rupees ($601,257.83)

** Over 259,000 shares change hands as of 9:30 a.m. IST, 2.5X the 30-day moving average

** Stock up 56.1% YTD as of last close

($1 = 83.1590 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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Sept 7 (Reuters) - Landmark Cars Ltd LANM.NS:

• ADDS MAHINDRA & MAHINDRA VEHICLES INTO ITS OFFERINGS

• BUSINESS WILL INCLUDE SALES AND AFTER SALES OF MAHINDRA’S PERSONAL, PICKUP AND SUPRO RANGE OF VEHICLES

Source text for Eikon: ID:nBSE68lL1y

Further company coverage: LANM.NS

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** Shares of Landmark Cars LANM.NS fall as much as 4.2% to 732.1 rupees

** Co on late Monday said June qtr proforma total revenue from operations came at 9.36 billion rupees ($114.06 million), down 9.21% YoY
** Vehicle sales, also including agency sales, fell 14.32% YoY

** Co said business continued to show traction with the after sales business remaining robust

** Landmark Cars operates an automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault

** More than 120,000 shares change hands by 10:00 a.m. IST, 0.4x the 30-day avg

** Stock up over 60% since its listing in Dec 2022, as of last close

($1 = 82.0600 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

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** Shares of HDFC Bank HDBK.NS gain as much as 0.57% to 1,653.90 rupees

** Lender's market capitalisation above $100 bln since July 13, the day of the merger with HDFC

** HDBK now the seventh-largest lender in the world in terms of market cap

** "HDFC Bank is now among global large banks with best in-class growth and profitability," wrote Prakhar Sharma and Vinayak Agarwal, equity analysts at Jefferies

** Jefferies resumes coverage on HDBK with a "buy," citing healthy growth outlook and potential rise in return on equity

** PT kept at 2,100 rupees, an implied upside of 28% to last close

** Merger with HDFC broadens lending and cross-selling avenues in mortgages, insurance and mutual fund segments - Jefferies

** Avg rating of 41 analysts close to equivalent of 'buy;' median PT of 2,000.00 rupees - Refinitiv

** Reliance Industries and Tata Consultancy Services are other Indian firms with a market cap above $100 bln

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of Sp‪iceJet SPJT.BO fall as much as 11.22%, steepest intraday pct decline in seven weeks, to 26.50 rupees

** Press Trust of India reports aviation regulator, Directorate General of Civil Aviation (DGCA), has put the airlines operator under enhanced surveillance

** SpiceJet did not immediately respond to Reuters request for comment

** Decision comes as SPJT faces multiple financial headwinds

** SPJT is in the process of settling dues with various lessors seeking repossession of leased aircraft

** Trading volume at 2.25 mln shares as of 2:04 p.m. IST, 1.2 times the 30-day avg - Refinitiv data

** Stock down 23% YTD vs 7.4% rise in benchmark Nifty 50 index .NSEI

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of agri chemical firm UPL UPLL.NS fall as much as 3.02% to 640.15 rupees; top Nifty 50 loser

** Global agri products supplier FMC FMC.N slashes UPL's growth outlook for the year on volume decline across major markets

** FMC reduces full-year revenue forecast to $5.20 bln-$5.40 bln range, from $6.08 bln-$6.22 bln

** Read through from FMC's guidance cut for UPL is that lower demand and higher channel inventory build-up will likely hurt earnings growth, says Prabhudas Lilladher analyst Himanshu Binani

** Sees possibility of downward revision in earnings estimates in firms like UPL

** Tejas Sonawane of Dolat Capital sees added pain for agri chemical firms from dumping of generic molecules by China at relatively lower prices

** Of the 24 analysts tracking UPLL, 13 maintain "strong buy", two suggest "buy", two retain "hold" and one recommends "sell"; median PT is 927 rupees

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of liquor makers such as United Breweries UBBW.NS, United Spirits UNSP.NS, Som Distilleries SDB.NS and Radico Khaitan RADC.NS down 2.5%-6%

** Media reports says Karnataka state budget proposed to hike its additional excise duty on Indian-made liquor by 20%

** Additional excise duty on beer to be increased to 185% from 175%, reports say

** UBBW, UNSP, SDB and RADC among top losers on FMCG index .NIFTYFMCG, which is down 1.08% - Refinitiv data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

** Shares of Bharat Heavy Electricals Ltd BHEL.NS rise as much as 5.01% to 91.25 rupees, its highest since Dec. 5, 2022

** Co extends its gas turbines technology agreement with a Swiss unit of General Electric GE.N

** BHEL gains access rights for existing uprated and new gas turbine models of the firm

** BHEL will also supply gas turbines with fuel blends such as hydrogen, methanol and syngas and in hybrid configuration

** Trading volume is 30.16 mln shares as of 11:06 a.m. IST, 1.4x the 30-day avg - Refinitiv data

** Stock up 9.72% this year, as of last close

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

** Shares of Zee Entertainment Enterprises ZEE.NS rise as much as 4.31% to 185 rupees

** Rise after the company settled its dispute with IndusIndBank that led to insolvency cases, lawyer involved with the case told Reuters

** Media reports say that National Company Law Appelate Tribunal (NCLAT) recorded that all payments have been made to IndusInd bank by June 30

** ZEE was the top gainer in media index .NIFTYMED which is up 0.7%

** Trading volume is 11.54 mln shares as of 12:50 p.m. IST, nearly the same as the 30-day avg - Refinitiv data

** Of the 20 analysts tracking ZEE, nine maintain "strong buy", nine suggest "buy", one recommends "hold" and one retains "sell"; median TP is 240 rupees

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))