Synopsis: Pace Digitek Ltd saw its stock move higher after securing a Rs. 1,159.31 crore order from Solar Energy Corporation of India Ltd for a 600 MW / 1200 MWh Battery Energy Storage System project.
A power and energy storage stock gained traction today after announcing a significant order from Solar Energy Corporation of India Ltd. The turnkey contract involves a 600 MW / 1200 MWh Battery Energy Storage System project, covering design, supply, integration, testing, and ten-year maintenance, underscoring robust demand in the energy storage sector.
Pace Digitek Ltd , with a market capitalization of Rs. 4,803.77 crore, opened at Rs. 219.45 and recorded an intraday high of Rs. 225.70 against a previous close of Rs. 219.75, reflecting a gain of 2.71 percent. The stock was recently liste