Economy
Pace Digitek shares jump 13% following ₹488 crore order win
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THE BRIEF
1
Pace Digitek shares surged 13% in intraday trade on the BSE to reach ₹174.90 after receiving a ₹488.46 crore letter of award from NTPC GE Power Services.
2
The contract awarded to subsidiary Lineage Power involves supplying and commissioning BESS containers at the Barh STPP by December 31, 2026.
3
The order includes five years of annual maintenance services and a seven-year extended warranty for the battery containers.