India is investing ₹3.6 Lakh Crore in Jal Jeevan Mission to provide tap water to every rural household. Water treatment, sewage, and irrigation infrastructure are all being built. VA Tech Wabag, Ion Exchange, Praj Industries, and EPC companies are the main listed beneficiaries.
5 companies in this theme — showing top 5 by market cap.
| Symbol | Company | Price | Mkt Cap | ROE | P/E |
|---|---|---|---|---|---|
| THERMAX | Thermax Ltd | ₹4,718.5 | ₹54,718 Cr | 11.4% | 115.00 |
| WABAG | VA Tech Wabag | ₹2,072.8 | ₹12,935 Cr | — | — |
| JASH | Jash Engineering | ₹506.5 | ₹3,186 Cr | — | — |
| EMSLIMITED | EMS | ₹416.85 | ₹2,315 Cr | — | — |
| VASCONEQ | Vascon Engineers | ₹32.53 | ₹754 Cr | — | — |
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A ₹3.6 Lakh Crore government scheme to provide functional household tap connections to all 193 million rural households by 2024 (now extended to 2026).
VA Tech Wabag (EPC + O&M), Ion Exchange (industrial water treatment), Praj Industries (bio-energy + water), and Voltas (cooling + water).