Landmark Cars Share Price in Focus; To Open 17th MG Motor Outlet in Ahmedabad

Written by: Team Angel OneUpdated on: 25 Jul 2026, 10:59 pm IST
Landmark Cars has received a Letter of Intent from JSW MG Motor India to open a new MG Experia showroom in Ahmedabad, expanding its MG retail network to 17 outlets.
Landmark Cars Share Price in Focus
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Landmark Cars Ltd is set to strengthen its presence in Gujarat after receiving a Letter of Intent (LoI) from JSW MG Motor India Pvt. Ltd. to establish a new MG Experia showroom in Vastral, Ahmedabad. The dealership will be set up through its wholly owned subsidiary, Aeromark Cars Private Limited.  

The addition will expand Landmark Cars' MG retail network and reinforce its presence in one of the company's longstanding operating markets.  

Ahmedabad Network to Expand 

The proposed dealership will focus on the sale of MG cars and will become Landmark Cars' 17th MG Motor outlet across its network. 

It will also be the company's second JSW MG Motor sales outlet in Ahmedabad, where Landmark Cars began operations 27 years ago.  

Expansion Supports Brand Presence 

The company said the new outlet aligns with its strategy of strengthening its footprint within existing brands while expanding in key geographies. 

It also noted that MG has become an increasingly important part of its portfolio over the past few years. The release added that JSW MG Motor India is a leading player in the new energy vehicle (NEV) segment and has multiple new launches planned.  

Automotive Retail Portfolio 

Landmark Cars operates premium automotive dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen, BYD, Renault, Mahindra & Mahindra, Kia, MG Motor and Citroën. 

The company also retails Ashok Leyland commercial vehicles and operates across the automotive retail value chain, including new vehicle sales, after-sales service and repairs, pre-owned passenger vehicle sales, and the facilitation of third-party finance and insurance products.  

Read More: Mahindra & Mahindra Shares in Focus as Chakan Facility Hits 3 Million Vehicle Production Milestone with BE 6 Electric SUV! 

Landmark Cars Share Price Performance  

As of 24 July 2026, Landmark Cars Ltd share price closed at ₹522 per share, reflecting a surge of 3.19% from the previous trading session. 

Conclusion 

The proposed MG Experia showroom in Ahmedabad will expand Landmark Cars' MG network to 17 outlets while strengthening its presence in Gujarat and deepening its partnership with JSW MG Motor India.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 25, 2026, 5:29 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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