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Pace Digitek share price jumps 10% on LoA worth RS 494.5 crore from NTPC

01 Apr , 2026   By : Debdeep Gupta


Pace Digitek share price jumps 10% on LoA worth RS 494.5 crore from NTPC

Pace Digitek share price added 10 percent in the early trade on April 1 following the company received a Letter of Acceptance (LoA) for Rs 494.54 crore from NTPC.


At 09:21am, Pace Digitek was quoting at Rs 154.95, up Rs 14.10, or 10.01 percent, on the BSE.


NTPC awarded the EPC package of a Battery Energy Storage System (BESS) at the Nabinagar Super Thermal Power Station, including ex-works supply and comprehensive annual maintenance for the system’s entire design life.


The ex-works supply and services in to be executed within 15 months, with annual maintenance for 11 years.


Last week, the company received a LoA for Rs 22.642 crore from North Western Railway for provision of Lattice Towers in connection with UHF/LTE & KAVACH Work over balance routes of Jodhpur division of North Western Railway (996.24 KM).


In the month of February, the company's material subsidiary Lineage Power received a purchase order worth Rs 1,58.71 crore from Reliance Industries.


The subsidiary will supply battery packs of Li-ion 48V 15S1P 314 AH, which is to be completed by August 31, 2026.


Also, secured an advance letter of authorization (LOA) from RailTel Corporation of India for security infrastructure project of Rs 89.07 crore and Lineage Power received a purchase order worth USD 1,346,210.00 from Yaqin Che for supply of Mobile Battery Energy Storage System (BESS).


In the previous trading session, the share closed at Rs 140.85, down Rs 10.90, or 7.18 percent.


The share touched a 52-week high of Rs 232.20 and a 52-week low of Rs 139.50 on 10 October, 2025 and 30 March, 2026, respectively.


Currently, the stock is trading 39.34 percent below its 52-week high and 0.97 percent above its 52-week low.


The market capitalisation of the company stands at Rs 3,040.27 crore.


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