Shares of electric equipment makers - ABB, Siemens and Crompton Greaves have rallied 2-5% after electricity sectors reported 14.6% year-on-year growth in November 2011. The sector had reported 5.5% growth in October.

The cumulative growth for the period April-November 2011-12 stands at 9.5% over the corresponding period of the previous year, the Central Statistical Office said in a press release.

Meanwhile, Industrial Production (IIP) in November increased 5.9% from a year earlier, against 4.7% decline reported in October. The improvement has mainly come in from manufacturing (6.6%), consumer durables (11.2%) and consumer non-durables (14.8%).