India's Pace Digitek jumps after unit wins $51 million order
22/09/2026 05:15
BUZZ-India's Pace Digitek jumps after unit wins $51 million order ** Shares of construction and engineering company Pace Digitek PACD.NS up 10.8% at 171.62 rupees, their highest level in over two weeks
** Stock records biggest pct jump since June 23
** Co's unit, Lineage Power, wins order worth 4.88 billion rupees ($50.99 million) from NTPC GE Power Services
** Order for supply, installation support, testing and commissioning of 5.015 megawatt-hour battery energy storage system along with a 12-year maintenance contract
** Order to be completed by December 31, 2026
** YTD, shares down 8.12%
($1 = 95.7000 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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