Pace Digitek soars on securing Rs 70.20 crore contracts from DVC
Pace Digitek is currently trading at Rs. 190.85, up by 5.50 points or 2.97% from its previous closing of Rs. 185.35 on the BSE.
The scrip opened at Rs. 193.80 and has touched a high and low of Rs. 195.25 and Rs. 190.25 respectively. So far 187447 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. 195.25 and Rs. 145.85 respectively. The current market cap of the company is Rs. 4160.53 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 has secured BESS supply, erection and long-term O&M contracts from Damodar Valley Corporation (DVC) for implementation of a 250 MW / 500 MWh Battery Energy Storage System (BESS) project at Maithon, Jharkhand. The contracts with a combined value of Rs 70.20 crore (including GST), comprise supply contract, EPC services contract and long-term operation & maintenance (O&M) contract. The scope includes design, engineering, manufacturing-linked supply, installation, testing, commissioning and 12-year comprehensive O&M, along with associated civil, structural and evacuation infrastructure works.
This marks the first BESS order win for FY2027, building on the strong momentum achieved in FY2026, where the company reported energy order inflows of Rs 5,814.7 crore, led by increasing traction in BESS and renewable-linked opportunities.
The order highlights the company’s ability to execute across the entire BESS value chain, integrating manufacturing, EPC execution and lifecycle services. The company’s manufacturing-led execution model, linking in-house capacity with secured project pipeline, enables tighter control over costs, execution timelines and delivery quality, while supporting scalable growth in utility-scale deployments.
