Kalpataru Projects Soars on ₹719 Cr Thane Metro Order Win

• Kalpataru Projects International Ltd. shares gained after securing a ₹719 crore order for the Thane Metro elevated rail project.
• The order, won with a joint venture, strengthens the company's presence in urban transportation EPC business in India.
• MD & CEO Manish Mohnot emphasized strong order intake and diversified book for future growth.
• The company faces payment delays from Jal Jeevan Mission projects, accounting for 10% of its order book.
• Director Amit Uplenchwar stated a diverse business mix helps manage current challenges.

Why It Matters: Kalpataru Projects secures major Thane Metro order, boosting shares despite payment challenges.