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Pace Digitek shares rise over 13 percent following large order win by subsidiary

Reported by Vivek Joshi (Copy Editor) · Economic Times - Markets ·

Verified — Confirmed by a second source: Livemint - Markets

Confirmed by a second source: Livemint - Markets

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Pace Digitek shares rise over 13 percent following large order win by subsidiaryRepresentative image · Pexels

Shares of Pace Digitek went up by more than 13 percent to reach Rs 175.37 on Tuesday. This stock price jump happened after its material subsidiary, Lineage Power, secured a large order worth Rs 488.46 crore. The order was given by NTPC GE Power Services for the Barh Super Thermal Power Project. The work involves supplying BESS containers, along with providing ongoing maintenance and an extended warranty that runs through December 2026.

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