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

Written by: Rakesh DeshmukhUpdated on: 5 Aug 2026, 11:39 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.

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)
Welspun Corp	45,780.87
KEC International	12,648.52
Va Tech Wabag	12,208.83
NCC	9,050.39
PNC Infratech	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
Urban Enviro Waste Management	8.03
KNR Construction	8.21
NCC	12.96
PNC Infratech	14.31
Denta Water & Infra Solutions	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
Indian Hume Pipe Company	7.88
ION Exchange (India)	11.62
Va Tech Wabag	13.20
Jash Engineering	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
Shakti Pumps	17.99
Enviro Infra Engineers	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.

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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.

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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.

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