India, Jan. 28 -- During Wednesday's trading session, shares of one of the leading premium automotive retail businesses in India, with dealerships for Mercedes-Benz, BYD, Renault, and other well-known brands, surged 11 percent on BSE, despite Goldman Sachs exiting the company via selling its entire stake.

At 12:34 p.m., shares of Landmark Cars Limited were trading in the green at Rs. 399.45 on BSE, up by over 4 percent, compared to its previous closing price of Rs. 383.55, with a market cap of Rs. 1,656.3 crores. The stock has delivered negative returns of around 24 percent in one year, and has fallen by nearly 14 percent in the last one month.

As per its latest regulatory filing, Landmark Cars Limited informed that Goldman Sachs Asset ...