EV 3W launch in 2HFY22 while one/two new/upgrade per quarter for 2Ws. BJAUT's 3QFY21 revenues were in-line while there was ~6.6%/6% beat at EBITDA/adj. PAT. This was led by continued tight cost control. EBITDA margins expanded 150bp YoY at 19.4% (PLe 18%) helped by better gross margins at 29.2% (PLe 28.5%) due to favorable mix. While near term outlook...