In the 2-W pack, TVS motors continued with its steady growth growing ~6% at 4.5 lakh units (with flat YoY growth in exports). While Eicher Motors (Royal Enfield) reported healthy growth of 31% YoY at ~1.1 lakh units. Bajaj Auto outperformed with a 38% YoY growth supported by exports. Volumes recovered at the industry leader on an optical lower base due to production cut in the base month (April 2025). In the PV space, demand was healthy tracking positive momentum post GST 2.0 reforms. Maruti Suzuki reported volume growth of ~34% YoY at 2.4...