India's water sector is experiencing a surge, with stocks like Shakti Pumps and VA Tech Wabag jumping up to 45% in a month. This rally is fueled by increased government funding for water infrastructure and the growing demand from data centers for cooling. Experts predict wastewater treatment and recycling will be key growth areas, though current valuations reflect future optimism more than present earnings.
India's water sector stocks, including Shakti Pumps and VA Tech Wabag, have surged up to 45% in a month. This rally is driven by increased government funding for water infrastructure and the rising demand from AI data centers for cooling. Wastewater treatment and recycling are…
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