Pace Digitek soars as its arm signs MoUs with Onward Solar Power, Kalpa Power
Pace Digitek is currently trading at Rs. 216.75, up by 4.45 points or 2.10% from its previous closing of Rs. 212.30 on the BSE.
The scrip opened at Rs. 215.40 and has touched a high and low of Rs. 218.00 and Rs. 215.40 respectively. So far 48083 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. 219.45 and Rs. 204.80 respectively. The current market cap of the company is Rs. 4683.97 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 subsidiary -- Lineage Power (LPPL) has signed two strategic Memorandums of Understanding (MoUs) with Onward Solar Power and Kalpa Power during the 12th India Energy Storage Week (IESW) 2026 at IICC, Yashobhoomi, New Delhi, where Pace Digitek and LPPL are showcasing their integrated Battery Energy Storage System (BESS) portfolio and advanced energy storage solutions.
The MoUs establish a framework for collaboration under which LPPL will serve as a preferred BESS supply partner, supporting future projects with integrated BESS solutions, including DC Blocks, Power Conversion Systems (PCS), Energy Management Systems (EMS), engineering support, warranty and lifecycle services. Project-specific commercial terms and supply arrangements will be governed by definitive agreements and purchase orders to be executed between the respective parties.
The collaborations are aimed at strengthening the supply of domestically manufactured BESS solutions for utility-scale, commercial & industrial (C&I) and other energy storage applications. LPPL's integrated manufacturing capabilities enable the company to offer comprehensive energy storage solutions across the value chain. These partnerships further strengthen Pace Digitek's strategy of expanding its product-led energy storage business through strategic collaborations with EPC companies, renewable energy developers and system integrators.
