Construction sector - Exit GMR and add Unitech, Lanco, JP Assco

GMR has been doing very badly in the past 6 months and at this point in time I feel it makes most sense to exit this counter and head for greener pastures. If I would like to reinvest in the same industry I feel Unitech, Lanco & JP Assoc seems like the best options respectively. As per the below diagram the we can see that Unitech is currently trading at about a Rupee less than GMR but at the same time has made 55 times more profit that the later.

	Sum of Net Profit	Column Labels
	Row Labels	Era Infra Eng	GMR Infra	Hind Constr	ILandFS Trans	IRB Infra	Jaiprakash Asso	Jaypee Infra	Lanco Infratech	NCC	Unitech	Grand Total
Last Trading Price	35.3			81.44								81.44	Net Profit
	36.95										739.66	739.66
	37.75		13.45									13.45
	39.8								486.38			486.38
	58.35							487.49				487.49
	92.6						897.01					897.01
	102.2									232.62		232.62
	175.75					55.84						55.84
	186.95	279.41										279.41
	211.4				324.73							324.73
	Grand Total	279.41	13.45	81.44	324.73	55.84	897.01	487.49	486.38	232.62	739.66	3598.03

From the above diagram we can clearly see that Unitech is the one which had corrected the most in recent times compared to it's competition. In my view it has already bottomed out by end of Feb and it has strong support at CMP levels. The only way I see now is for this scrip to appreciate now.