Landmark Cars hits record high; up 11% in 2 days on institutional buying
TPG Growth II SF Pte Ltd, on Friday, sold 4.46 million shares for Rs 293 crore through an open market transaction
Shares of Landmark Cars hit a record high of Rs 766, surging 6 per cent on the National Stock Exchange (NSE) in Wednesday's intra-day trade. In the past two trading days, the stock of the automobile dealership chains has rallied 11 per cent on institutional buying. It surpassed the previous high of Rs 754.90, touched on June 26, 2023.
Landmark Cars made its stock market debut on December 23, 2022. Currently, the stock is trading 51 per cent higher against its issue price of Rs 506 per share.
TPG Growth II SF Pte Ltd, on Friday, sold 4.46 million shares for Rs 293 crore through an open market transaction
Shares of Landmark Cars hit a record high of Rs 766, surging 6 per cent on the National Stock Exchange (NSE) in Wednesday's intra-day trade. In the past two trading days, the stock of the automobile dealership chains has rallied 11 per cent on institutional buying. It surpassed the previous high of Rs 754.90, touched on June 26, 2023.
Landmark Cars made its stock market debut on December 23, 2022. Currently, the stock is trading 51 per cent higher against its issue price of Rs 506 per share.