Chart of the day: Maruti stock’s performance during labour unrest in 2011

Riken Mehta
Moneycontrol.com


Here is how Maruti shares fared during the labour unrest that began on June 4 last year, and which continued in phases before it was finally resolved on October 20. The stock shed around 13% and the company suffered an output loss of over 1 lakh vehicles. It is not clear how long the latest bout of worker problem will last. But it comes at a time when sentiment for the sector as a whole is weak because of falling demand. So far this calendar, Maruti shares have risen 21% compared to a 13% rise in the BSE Auto index.

See the chart below. Chronology of Events: A-F

Infosys vs TCS: How the numbers stack up head-to-head

Tata Consultancy Services  (TCS), the country's largest software exporter, once again came out on top compared to its closest rival Infosys, which disappointed the street with a lower-than-expected quarterly profit and a sharp cut in its full year US dollar revenue guidance.

TCS first quarter net profit rose 38% year-on-year (14.6% sequentially) to Rs 3,280.5 crore, while revenue was also up 38% (up 12% quarter-on-quarter) to Rs 14,869 crore.

Bangalore-based Infosys had reported a lower-than-expected 33% year-on-year (down 1% sequentially) rise in first quarter net profit at Rs 2,289 crore, while revenue was barely in-line at Rs 9,616 crore, up 29% (up 9% quarter-on-quarter).

Infosys  had flagged off some pricing pressures, slower IT spends and currency volatility for its poor performance.

Although TCS said that unprecedented currency volatility continued to be a challenge in the short-term, but global demand for IT services continues to be good.

Here’s a head-to-head comparison of the two IT majors:

Particulars	TCS	Infosys
Revenue Growth (USD)
YoY	13.10%	4.80%
QoQ	3.00%	-1.10%
Revenue Growth (INR)
YoY	37.70%	28.50%
QoQ	12.10%	8.60%
PAT Growth (INR)
YoY	37.40%	32.90%
QoQ	14.60%	-1.20%
Operating margins	27.50%	28.00%
Active Clients	1032	711
Client addition in Q1FY13	29	51
Growth in key business verticals (QoQ)
BFSI	14.10%	-1.10%
Telecom	15.30%	-1.10%
Retail	17.50%	5.80%
Employee addition	13831	9236
Utilisation Rate	72%	67%
Attrition rate	11%	15%
Currency Average Rate	54.5	54.83

Chart of the day: Soybean makes investors healthy, wealthy 'n wise

Riken Mehta
Moneycontrol Bureau

Indian soybean futures climbed to a record high on Wednesday, and according to a Reuters report, this has been caused by concerns over the crop in the United States and delayed sowing in India due to weak rainfall in the key growing region.

Soybean demand-supply situation in the world market is becoming tighter due to dry weather in the US, the Reuters report adds.

The rally in the US soybean prices has lifted prices in the Indian market as well. Among the stocks with a high correlation with Soybean prices is Ruchi Soya . Besides being a leading manufacturer of high quality edible oils, vanaspati, bakery fats and soya foods, Ruchi is also the highest exporter of soya meal and lecithin from India.

See the chart below. Unit: Rs/quintal