Pace Digitek gains as its arm establishes Pace-Lineage Research Center in Pune
Pace Digitek is currently trading at Rs. 204.70, up by 1.45 points or 0.71% from its previous closing of Rs. 203.25 on the BSE.
The scrip opened at Rs. 202.00 and has touched a high and low of Rs. 206.35 and Rs. 201.50 respectively. So far 34393 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 232.20 on 10-Oct-2025 and a 52 week low of Rs. 139.50 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 210.00 and Rs. 197.45 respectively. The current market cap of the company is Rs. 4377.46 crore.
The promoters holding in the company stood at 69.52%, while Institutions and Non-Institutions held 6.34% and 24.14% respectively.
Pace Digitek’s subsidiary-- Lineage Power (LPPL) has established the Pace-Lineage Research Center in Pune, a dedicated Research & Development (R&D) Center to strengthen its research, engineering and product development capabilities in advanced battery technologies, including Advanced Chemistry Cells (ACC) and energy storage solutions.
Aligned with the vision of Atmanirbhar Bharat and Make in India, the Center aims to contribute to the development of indigenous technologies and strengthen domestic capabilities in energy storage. As part of this initiative, Lineage Power has entered into a research collaboration with the Indian Institute of Science Education and Research (IISER), Pune to undertake research on advanced battery technologies and battery materials.
The research programme at the Pace-Lineage Research Center will focus on Advanced Chemistry Cells (ACC), including Lithium-ion (Li-ion) and Sodium-ion (Na-ion) battery materials to improve battery capacity and cycling stability. The research will include optimization of material coatings, tuning of material microstructure and porosity, design of new electrolytes, detailed material characterization, electrochemical evaluation, and optimization of cell parameters. The Center will also evaluate and validate raw materials from domestic suppliers to support indigenous technology development and strengthen the local supply chain.
