Top 4 Losers in the month of Dec 2009

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Great Offshore
Great Offshore, an integrated offshore oilfield services provider witnessed a fall of 13.29% in Dec 2009, its share price stood at Rs 471.85 on Dec.31, 2009 as against Rs 544.15on Nov.30, 2009. It offers a broad spectrum of services to upstream oil and gas producers to carry out offshore exploration and production (E&P) activities.
It was recently reported that ABG picked up 15% stake in Great Offshore for Rs 2.8 billion.
Sector - Oil Equipment & Services
Market Cap - Rs 17,722.41million
Price Earning ratio (P/E) - 10.54
Price to Book value ratio (P/BV) - 2.91

Tata Communications
Tata Communications, part of Tata Group registered a fall of 11.77% in Dec 2009, its share price stood at Rs 336.05 on Dec.31, 2009 as against Rs 380.9 on Nov.30, 2009. It offers various other services like telex, telegraph, leased lines, internet and video-conferencing services.
The telecom as it is the sector which is seeing a cyclical downturn due to competition, also according to a broker report, there were a lot of long-term shorts standing in Tata Communication stock and the stock witnessed corrections.
Sector - Telecom
Market Cap - Rs 100,719 million
Price Earning ratio (P/E) - 23.66
Price to Book value ratio (P/BV) - 1.60

Godrej Industries
Godrej Industries, part of the Godrej group, witnessed a fall of 9.03% in Dec 2009, its share price stood at Rs 184.4 on Dec.31, 2009 as against Rs 202.7 on Nov.30, 2009.
It is a diversified company with business interests in chemicals, foods and beverages, property development, agri-products, household consumables and BPO.
Sector - Commodity Chemicals
Market Cap - Rs 55,282.61million
Price Earning ratio (P/E) - 52.75
Price to Book value ratio (P/BV) - 13.64

Godrej Consumer Products
Godrej Consumer Products promoted by Godrej & Boyce Manufacturing Company saw 9% decline in Dec 2009, its share price stood at Rs 263.9 on Dec.31, 2009 as against Rs 290 on Nov.30, 2009.It manufactures personal and household products.
In December 2009, its board approved raising Rs 30 billion as GCPL was considering buying out US-based Sara Lee`s 51% stake in the Godrej Sara Lee joint venture, which lead to fall in the stock prices during that week.
Sector - FMCG (Fast moving consumer goods)
Market Cap - Rs 67,270.53 million
Price Earning ratio (P/E) - 30.05
Price to Book value ratio (P/BV) - 92.90