Shakti Pumps, Denta Water, Vishnu Prakash Share Price Jump Up To 20% After Jal Jeevan Mission Extension

Shares of several pump and pipe manufacturing companies surged sharply on Wednesday after the government approved the extension and restructuring of the Jal Jeevan Mission until December 2028.

Investors reacted positively to the decision, pushing stocks higher across the sector.

Among the biggest gainers, Denta Water and Infra Solutions hit the 20% upper circuit, while Shakti Pumps India jumped around 19% and Vishnu Prakash R Punglia gained over 18% during the session.

Several Infrastructure Stocks See Strong Gains

Other companies in the water infrastructure and pipe segment also saw strong buying interest. Shares of SPML Infra, Indian Hume Pipe Company, and Enviro Infra Engineers rose more than 16% each.

Meanwhile, stocks such as Om Infra, VA Tech Wabag, and Oswal Pumps climbed around 10%, while Apollo Pipes and Man Industries (India) gained nearly 7%.

Government Approves Massive Budget For Jal Jeevan Mission

The rally came after the Union Cabinet approved a total outlay of ₹8.69 lakh crore for the Jal Jeevan Mission.

The Centre’s contribution to the scheme has been increased to ₹3.59 lakh crore, compared with ₹2.08 lakh crore in 2019–20.

The programme aims to provide tap water connections to households across rural India, which requires large-scale infrastructure development including pipelines, pumps and water treatment systems.

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Conclusion

The extension of the Jal Jeevan Mission has boosted investor confidence in companies linked to water infrastructure. 

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