Archive · 27 Jan 2026
Landmark Cars Shares Surge 10% Despite Goldman Sachs Exit
Goldman Sachs, a big investment company, sold all of its shares in Landmark Cars, an auto company.
Even though Goldman Sachs left, Landmark Cars' stock price went up by 10% on January 27.
Goldman Sachs had been selling its shares little by little since October 2024.
Other big investors were also buying and selling shares in Landmark Cars around the same time.
The stock price is still much lower than its highest point last year, but it's higher than its lowest point.
The stock has been doing poorly over the past year, losing a lot of its value.
Goldman Sachs Asset Management International completely exited its stake in Landmark Cars, selling all 2,072,144 shares (5.014% of the company) on January 22, 2026.
Landmark Cars' share price surged around 10% on January 27, 2026, despite Goldman Sachs' exit.
Other institutional investors were active in the stock, with Nippon India Small Cap Fund increasing its stake and Polar Capital Funds Plc reducing its holding.
The stock's 52-week high was ₹674.70 in October 2025, and its 52-week low was ₹306.05 in April 2025.
Landmark Cars' stock has underperformed in recent times, losing 32% in the last year, 24% in the past 6 months, 39% in the last 3 months, and 20% in the last month.
- Who
- Goldman Sachs Asset Management International and Landmark Cars Limited
- What
- Goldman Sachs completely exited its stake in Landmark Cars, while the company's shares surged 10%
- When
- The sale was completed on January 22, 2026, and the stock price increased on January 27, 2026
- Where
- The transactions occurred on the National Stock Exchange of India
- Why
- Goldman Sachs gradually reduced its stake over time, while other institutional investors were active in the stock
- Company
- Landmark Cars Limited
- Investor
- Goldman Sachs Asset Management International
- Shares Sold
- 2,072,144
- Percentage of Capital
- 5.014%
- Date of Sale
- January 22, 2026
- Stock Price Increase
- 10%
- Current Stock Price
- ₹382.80
- 52-Week High
- ₹674.70
- 52-Week Low
- ₹306.05
- Yearly Stock Performance
- -32%