Pace Digitek moves up as its arm inks agreement with RJE Tech
Pace Digitek is currently trading at Rs. 200.75, up by 1.25 points or 0.63% from its previous closing of Rs. 199.50 on the BSE.
The scrip opened at Rs. 200.90 and has touched a high and low of Rs. 203.90 and Rs. 194.45 respectively. So far 217248 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. 217.00 and Rs. 182.50 respectively. The current market cap of the company is Rs. 4350.48 crore.
The promoters holding in the company stood at 69.52%, while Institutions and Non-Institutions held 6.55% and 23.93% respectively.
Pace Digitek’s material subsidiary -- Lineage Power has entered into a master supply agreement with Rongjie Energy Technology Co., Guangzhou (RJE Tech), a leading Chinese manufacturer of lithium-ion battery cells.
Under the agreement, RJE Tech will supply 3 GWh of Lithium Iron Phosphate (LFP) battery cells and related accessories to Lineage Power. The agreement represents a significant step in strengthening the company's battery cell sourcing framework and supports its expanding Battery Energy Storage System (BESS) manufacturing platform and execution capabilities across utility-scale and commercial & industrial (C&I) applications.
