India's Pace Digitek jumps on $18.5 million order win
BUZZ-India's Pace Digitek jumps on $18.5 million order win ** Power management firm Pace Digitek's shares PACD.NS rise as much as 6% to 171.56 rupees apiece
** Uptick after PACD receives an order worth 1.79 billion rupees ($18.51 million) from BSES Rajdhani Power
** Order pertains to the design, supply, installation, commissioning, operation and maintenance of battery energy storage system (BESS) in New Delhi
** Order adds to PACD'S battery project wins after it secured a 4.89 billion-rupee order from NTPC's NTPC.NS unit last month
** This is the fifth major battery energy storage project secured by PACD, strengthening its portfolio of long-term contracted energy infrastructure assets, PACD says in an exchange filing
** PACD shares are down 12.5% in 2026 so far, according to exchange data
($1 = 96.6800 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
Recent news on Pace Digitek
See all newsIndia's Pace Digitek jumps on $18.5 million order win
Brief: Pace Digitek Receives Loi Worth 1.79 Billion Rupees
Brief: Pace Digitek To Consider Fundraising Via Non-Convertible Debentures
India's Pace Digitek jumps after unit wins $51 million order
Brief: Pace Digitek Says Unit Gets LoA For Order Worth 4.88 Billion Rupees