StockPro | Reliance’s Jamnagar Needs Water at a 302-Million-Litre Scale

Stock Pro • 1 day ago

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What This Video Is About

The video discusses WABAG's recent contract with Reliance for a desalination and remineralization project in Jamnagar, worth ₹1,000 crore. The project is expected to contribute significantly to WABAG's profitability.

Major Ideas Discussed

  • WABAG has secured a large contract for a desalination and remineralization project with Reliance, with a potential capacity of 12,600 cubic meters per hour.
  • The project will utilize advanced treatment technologies, including seawater reverse osmosis.
  • WABAG's financial performance has been strong, with a 21% increase in revenue to ₹887 crore and 37% growth in net profit to ₹90 crore in Q1 of FY27.
  • The company's order book stood at ₹19,394 crore as of June 2026.
  • The recommendation is to view every dip in WABAG's stock price as an opportunity to accumulate more shares, with a live 'buy' suggestion.

What to Watch Next

Investors should monitor WABAG's financial performance and the progress of the Reliance project, as well as any updates on the company's order book and profitability.