Jefferies named TVS Motor Company as a top Buy pick as it prefers two-wheeler makers over passenger vehicle makers. The brokerage cited the two-wheeler segment's 26% year-on-year volume growth and 39% EBIT surge in the June quarter, resilient margins, and a 4% upward revision in consensus FY27 EPS estimates, with TVS Motor Company also leading calendar-year stock gains.

TVS Motor Company Limited is the market leader in India's electric two-wheeler segment and the country's third-largest two-wheeler maker, and was the only major player alongside Bajaj Auto Limited and Hero MotoCorp Limited to grow market share in both petrol and EV segments in the four months ended July 2026, contrasting with share losses for the two older rivals in petrol and for Honda in both segments.