Shares of Pace Digitek Ltd are trading flat after touching a dayβs high of Rs 218 on 4th December, even though the firm said on Wednesday (3rd December) that its material subsidiary, Lineage Power Private Ltd, has received an order worth Rs 99.71 crore, including taxes, from Advait Greenergy Private Ltd.
The contract has been awarded to supply an LFP battery energy storage system. This includes all related equipment, with deliveries to be made on a DAP basis.
Under the timeline, the first set of supplies must be delivered within 102 days of the effective date. The remaining deliveries are due within the next 31 days, totaling 133 days altogether.
As per the buyerβs plan, the first 50% of the BESS DC block must be supplied by 15th March, 2026. The remaining system must be delivered by 15th April, 2026.
At 12:06 PM, shares of Pace Digitek were trading 0.11% lower at Rs 211.86 on NSE.
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