Shares of TVS Motor Company Ltd., which settled nearly 3% lower on Tuesday, will continue to remain in focus after the company reported results that were largely in line with estimates.

Morgan Stanley maintained an 'Overweight' rating on the stock with a price target of ₹4,022, citing that Q2FY26 results were in line at the EBITDA level, though margins were slightly below expectations.

The brokerage expects scooterisation and premiumisation to remain key growth drivers in the two-wheeler segment, with TVS well-positioned to benefit from both.

It added that the company continues to "race ahead", delivering on growth, market share, and margins.

Jefferies also retained a 'Buy' rating with a price target of ₹4,300. The brokerage said Q2 EBITDA and PAT grew 40-44% year-on-year, broadly in l

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