Water Infrastructure Stocks Rally on Jal Jeevan Mission 2.0 Push

Shares of irrigation and water infrastructure companies surged after the Union Cabinet approved Jal Jeevan Mission 2.0 and other infrastructure initiatives worth ₹8.7 lakh crore.

Shakti Pumps jumped over 16%, Jain Irrigation gained 8.5%, while NCC, KEC International and Prince Pipes also rose as the programme targets universal rural tap water coverage by 2028.