If investors had picked up stocks of power equipment firms at a time when the Electricity Bill was passed, they would have been richer by at least 100 per cent.
Most engineering stocks have outperformed market indices and gained almost 80 per cent in the nine months of the current fiscal.
Scrips of BHEL and Siemens have risen by over 100 per cent each, while Alstom scrip has risen over 200 per cent.