Landmark Cars, which deals with luxury car dealers, expects its sales to pick up pace if the global economy picks up pace, according to stock market experts.Higher risk traders can buy scrip at current levels, but anyone holding this stock is advised to hold the stock for their next goal ¥480 and long-term goals ¥660.
Commenting on Landmark Cars' stock outlook, Santosh Meena, Head of Research at Swastika Investmart said: A whole business with experienced promoters and business leadership. "
Ravi Singhal, CEO of GCL Securities, advises high-risk investors to buy shares, saying, "The company deals with luxury car dealers and if the global economy has the pace, it will , we can witness a sharp rise in the security.Scrip at the current level of the short-term target of ¥Meanwhile, long-term investors can buy Landmark Cars stock at current levels with a 9-12 month target. ¥660. However, you must hold the stop loss ¥While taking a new position in the script .397.
Landmark Cars shares were listed on the BSE and NSE last week at a 7% discount.The public offering was offered at the upper price range ¥506 per share.
Disclaimer: The views and recommendations above are those of the individual analyst or brokerage firm and not those of Mint. Investors are advised to check with a certified professional before making any investment decision.
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