Best Water Stocks in India for August 2026: Welspun Corp, Denta Water, Va Tech Wabag and More

Written by: Rakesh DeshmukhUpdated on: 4 Aug 2026, 7:45 pm IST
Explore the best water stocks in India for August 2026, screened by market capitalisation, PE ratio, one-year returns, proximity to 52-week highs, and profitability.
Best Water Stocks in India for August 2026
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Water is an essential resource, making the water sector one of the key themes linked to infrastructure, industrial development, and agriculture. Companies in this space operate across water treatment, pipeline manufacturing, irrigation systems and pumps, serving both government and private sector projects. 

Best Water Stocks by Market Capitalisation 

Larger companies generally have established operations and diversified businesses. 

Company 

Market Capitalisation (₹ crore) 

45,780.87 

12,648.52 

12,208.83 

NCC 

9,050.39 

6,416.08 

Best Water Stocks by PE Ratio 

A lower Price-to-Earnings (PE) ratio may indicate relatively lower valuations, though it should always be assessed alongside earnings quality and growth prospects. 

Company 

PE Ratio 

8.03 

8.21 

NCC 

12.96 

PNC Infratech 

14.31 

15.96 

Best Water Stocks by 1-Year Returns 

These companies delivered the highest returns over the past one year among the stocks considered. 

Company 

1-Year Return (%) 

Welspun Corp 

93.52 

Va Tech Wabag 

29.12 

Denta Water & Infra Solutions 

14.82 

Water Stocks Trading Closest to Their 52-Week High 

Stocks trading close to their 52-week high may indicate relatively stronger price momentum. 

Company 

Down From 52-Week High (%) 

Welspun Corp 

0.38 

7.88 

11.62 

Va Tech Wabag 

13.20 

13.72 

Best Water Stocks by Return on Equity (ROE) 

Return on Equity (ROE) measures how efficiently a company generates profit from shareholders' equity. 

Company 

ROE (%) 

Urban Enviro Waste Management 

37.84 

Welspun Corp 

19.42 

17.99 

17.00 

Jash Engineering 

16.00 

Best Water Stocks by Return on Capital Employed (ROCE) 

Return on Capital Employed (ROCE) indicates how efficiently a company uses its capital to generate operating profits. 

Company 

ROCE (%) 

Urban Enviro Waste Management 

33.15 

Shakti Pumps 

23.64 

Welspun Corp 

22.89 

Va Tech Wabag 

21.33 

Enviro Infra Engineers 

20.39 

Conclusion 

India's water sector includes businesses involved in water treatment, pipeline infrastructure and agricultural pumping solutions. Investors can evaluate companies using multiple parameters such as market capitalisation, PE ratio, one-year returns, distance from 52-week highs, ROE, and ROCE, rather than relying on a single metric.  

Read stock market news in Hindi. Head to Angel One's share market news in Hindi for comprehensive coverage.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Aug 4, 2026, 2:15 PM IST

Rakesh Deshmukh

Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers
+91