Pace Digitek
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July 13 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK - SUBSIDIARY SIGNS MOU WITH BONDADA RENEWABLE ENERGY
Source text: ID:nBSEdRWby
Further company coverage: PACD.NS
(([email protected];))
July 13 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK - SUBSIDIARY SIGNS MOU WITH BONDADA RENEWABLE ENERGY
Source text: ID:nBSEdRWby
Further company coverage: PACD.NS
(([email protected];))
** Shares of Pace Digitek PACD.NS rise 2.6% to 217.89 rupees
** Integrated infrastructure and energy solutions co says its unit Lineage Power signed two pacts with Onward Solar Power and Kalpa Power for battery energy storage systems (BESS)
** Pacts cover supply of DC blocks, commercial, industrial and residential BESS, power conversion systems, energy management systems and battery containers
** Stock up 14.3% YTD
(Reporting by Payel Das in Bengaluru)
** Shares of Pace Digitek PACD.NS rise 2.6% to 217.89 rupees
** Integrated infrastructure and energy solutions co says its unit Lineage Power signed two pacts with Onward Solar Power and Kalpa Power for battery energy storage systems (BESS)
** Pacts cover supply of DC blocks, commercial, industrial and residential BESS, power conversion systems, energy management systems and battery containers
** Stock up 14.3% YTD
(Reporting by Payel Das in Bengaluru)
July 9 (Reuters) - Pace Digitek Ltd PACD.NS:
UNIT ENTERS MOU FOR SUPPLY OF BATTERY ENERGY STORAGE SYSTEMS
Source text: ID:nNSE9KbcXF
Further company coverage: PACD.NS
(([email protected];))
July 9 (Reuters) - Pace Digitek Ltd PACD.NS:
UNIT ENTERS MOU FOR SUPPLY OF BATTERY ENERGY STORAGE SYSTEMS
Source text: ID:nNSE9KbcXF
Further company coverage: PACD.NS
(([email protected];))
Lineage Power, the wholly owned subsidiary of Pace Digitek, has entered into a master supply agreement with Guangzhou Rongjie Energy Technology Co., a Chinese lithium-ion battery cell manufacturer, to secure 3 gigawatt hours of LFP battery cells and accessories. The agreement provides a long-term supply framework covering pricing, quality standards, warranties, and delivery timelines, with cells featuring Rongjie Energy Tech's 314 amp‑hour storage‑specific prismatic design. The tie-up is intended to support Pace Digitek's expanding battery energy storage system manufacturing platform and comes as the company scales its BESS capacity to 10 GWh.
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Lineage Power, the wholly owned subsidiary of Pace Digitek, has entered into a master supply agreement with Guangzhou Rongjie Energy Technology Co., a Chinese lithium-ion battery cell manufacturer, to secure 3 gigawatt hours of LFP battery cells and accessories. The agreement provides a long-term supply framework covering pricing, quality standards, warranties, and delivery timelines, with cells featuring Rongjie Energy Tech's 314 amp‑hour storage‑specific prismatic design. The tie-up is intended to support Pace Digitek's expanding battery energy storage system manufacturing platform and comes as the company scales its BESS capacity to 10 GWh.
Powered by Tijori
June 29 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD- CO'S UNIT LINEAGE POWER SIGNS 3 GWH BATTERY CELL SUPPLY AGREEMENT WITH RONGJIE ENERGY TECH
Source text: ID:nnAZN4T4V2M
Further company coverage: PACD.NS
(([email protected];))
June 29 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD- CO'S UNIT LINEAGE POWER SIGNS 3 GWH BATTERY CELL SUPPLY AGREEMENT WITH RONGJIE ENERGY TECH
Source text: ID:nnAZN4T4V2M
Further company coverage: PACD.NS
(([email protected];))
Pace Digitek's board approved a ₹200 crore investment to expand its battery energy storage manufacturing capacity from 2.5 GWh to 10 GWh, including a new 5 GWh facility and an in-house container fabrication unit for backward integration. The expansion will be funded through internal accruals and commissioned in phases during the current financial year. The board also approved acquiring the remaining 49% stake in subsidiary Inso Pace Private Limited from founder Venugopalrao Maddisetty, making it a wholly owned unit, and created an employee stock option plan covering up to 20 lakh shares. A new research centre in Pune, focused on clean energy technologies, was also greenlit, along with the formation of an additional wholly owned subsidiary and the appointment of retired IRS officer Maya Swaminathan Sinha as an independent director.
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Pace Digitek's board approved a ₹200 crore investment to expand its battery energy storage manufacturing capacity from 2.5 GWh to 10 GWh, including a new 5 GWh facility and an in-house container fabrication unit for backward integration. The expansion will be funded through internal accruals and commissioned in phases during the current financial year. The board also approved acquiring the remaining 49% stake in subsidiary Inso Pace Private Limited from founder Venugopalrao Maddisetty, making it a wholly owned unit, and created an employee stock option plan covering up to 20 lakh shares. A new research centre in Pune, focused on clean energy technologies, was also greenlit, along with the formation of an additional wholly owned subsidiary and the appointment of retired IRS officer Maya Swaminathan Sinha as an independent director.
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May 18 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - SECURES 7.1 BILLION RUPEES CONTRACT FROM NLC INDIA RENEWABLES
Source text: ID:nBSE37S5XL
Further company coverage: PACD.NS
(([email protected];))
May 18 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - SECURES 7.1 BILLION RUPEES CONTRACT FROM NLC INDIA RENEWABLES
Source text: ID:nBSE37S5XL
Further company coverage: PACD.NS
(([email protected];))
May 7 (Reuters) - Pace Digitek Ltd PACD.NS:
RECEIVES 7.02 BILLION RUPEES CONTRACTS FROM DAMODAR VALLEY CORPORATION
Source text: ID:nBSE8XqCq
Further company coverage: PACD.NS
(([email protected];;))
May 7 (Reuters) - Pace Digitek Ltd PACD.NS:
RECEIVES 7.02 BILLION RUPEES CONTRACTS FROM DAMODAR VALLEY CORPORATION
Source text: ID:nBSE8XqCq
Further company coverage: PACD.NS
(([email protected];;))
April 24 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - ANNOUNCES OEM PARTNERSHIP WITH NEC XON SYSTEMS IN SOUTH AFRICA
Source text: ID:nBSE5n1Z9M
Further company coverage: PACD.NS
(([email protected];))
April 24 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - ANNOUNCES OEM PARTNERSHIP WITH NEC XON SYSTEMS IN SOUTH AFRICA
Source text: ID:nBSE5n1Z9M
Further company coverage: PACD.NS
(([email protected];))
April 23 (Reuters) - Pace Digitek Ltd PACD.NS:
ENTERS EXCLUSIVITY AGREEMENT WITH NEC XON SYSTEMS PROPRIETARY LIMITED
NEC XON GRANTED EXCLUSIVE RIGHTS TO MARKET, SELL CO'S PRODUCTS
AGREEMENT COVERS SOUTH AFRICA, BOTSWANA, MOZAMBIQUE, NAMIBIA, MAURITIUS
Source text: ID:nBSEbfPPVG
Further company coverage: PACD.NS
(([email protected];;))
April 23 (Reuters) - Pace Digitek Ltd PACD.NS:
ENTERS EXCLUSIVITY AGREEMENT WITH NEC XON SYSTEMS PROPRIETARY LIMITED
NEC XON GRANTED EXCLUSIVE RIGHTS TO MARKET, SELL CO'S PRODUCTS
AGREEMENT COVERS SOUTH AFRICA, BOTSWANA, MOZAMBIQUE, NAMIBIA, MAURITIUS
Source text: ID:nBSEbfPPVG
Further company coverage: PACD.NS
(([email protected];;))
April 1 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - SECURES BESS EPC ORDER FROM NTPC FOR 200 MW / 400 MWH DEPLOYMENT
PACE DIGITEK LTD - CONTRACT VALUED AT 4.95 BILLION RUPEES
Source text: ID:nBSE2M1p6x
Further company coverage: PACD.NS
(([email protected];))
April 1 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - SECURES BESS EPC ORDER FROM NTPC FOR 200 MW / 400 MWH DEPLOYMENT
PACE DIGITEK LTD - CONTRACT VALUED AT 4.95 BILLION RUPEES
Source text: ID:nBSE2M1p6x
Further company coverage: PACD.NS
(([email protected];))
March 30 (Reuters) - Pace Digitek Ltd PACD.NS:
RECEIVES LETTER OF ACCEPTANCE FOR ORDER WORTH 4.95 BILLION RUPEES
Source text: ID:nBSE5Sfwfc
Further company coverage: PACD.NS
(([email protected];))
March 30 (Reuters) - Pace Digitek Ltd PACD.NS:
RECEIVES LETTER OF ACCEPTANCE FOR ORDER WORTH 4.95 BILLION RUPEES
Source text: ID:nBSE5Sfwfc
Further company coverage: PACD.NS
(([email protected];))
March 26 (Reuters) - Pace Digitek Ltd PACD.NS:
RECEIVES ORDER WORTH 226.42 MILLION RUPEES FROM NORTH WESTERN RAILWAY
Source text: ID:nBSEsj45k
Further company coverage: PACD.NS
(([email protected];;))
March 26 (Reuters) - Pace Digitek Ltd PACD.NS:
RECEIVES ORDER WORTH 226.42 MILLION RUPEES FROM NORTH WESTERN RAILWAY
Source text: ID:nBSEsj45k
Further company coverage: PACD.NS
(([email protected];;))
** Shares of India's Pace Digitek PACD.NS jump 2.2% to 185.64 rupees
** Telecom infra co's subsidiary wins order worth 1.59 billion rupees ($17.48 million) from Reliance Industries RELI.NS
** Order for supply of high-capacity lithium-ion battery packs
** PACD down 3.5% so far in 2026
($1 = 90.9570 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
** Shares of India's Pace Digitek PACD.NS jump 2.2% to 185.64 rupees
** Telecom infra co's subsidiary wins order worth 1.59 billion rupees ($17.48 million) from Reliance Industries RELI.NS
** Order for supply of high-capacity lithium-ion battery packs
** PACD down 3.5% so far in 2026
($1 = 90.9570 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Feb 23 (Reuters) - Pace Digitek Ltd PACD.NS:
GETS ORDER WORTH 1.59 BILLION RUPEES
Source text: ID:nnAZN4SHUJE
Further company coverage: PACD.NS
(([email protected];))
Feb 23 (Reuters) - Pace Digitek Ltd PACD.NS:
GETS ORDER WORTH 1.59 BILLION RUPEES
Source text: ID:nnAZN4SHUJE
Further company coverage: PACD.NS
(([email protected];))
** Shares of Pace Digitek PACD.NS rise 1.8% to 181.87 rupees
** Telecom infra co gets order worth 890.7 mln rupees ($9.8 mln) from RailTel Corporation Of India RAIT.NS
** Order for IP-based video surveillance system in rail coaches
** YTD, PACD down ~3.5%
($1 = 90.9390 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Pace Digitek PACD.NS rise 1.8% to 181.87 rupees
** Telecom infra co gets order worth 890.7 mln rupees ($9.8 mln) from RailTel Corporation Of India RAIT.NS
** Order for IP-based video surveillance system in rail coaches
** YTD, PACD down ~3.5%
($1 = 90.9390 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Pace Digitek Ltd PACD.NS rise as much as 3.1% to 187.71 rupees
** Co's unit gets purchase order worth $1.3 mln from Yaqin Chem
** More than 278,000 shares traded as of 9:47 A.M. IST, under their 30-day moving avg of 858,044 shares
** PACD last up 1.5%, cutting YTD losses to 3.4%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Pace Digitek Ltd PACD.NS rise as much as 3.1% to 187.71 rupees
** Co's unit gets purchase order worth $1.3 mln from Yaqin Chem
** More than 278,000 shares traded as of 9:47 A.M. IST, under their 30-day moving avg of 858,044 shares
** PACD last up 1.5%, cutting YTD losses to 3.4%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Feb 18 (Reuters) - Pace Digitek Ltd PACD.NS:
UNIT RECEIVES PURCHASE ORDER WORTH USD 1.3 MILLION
Source text: ID:nNSEvkwVq
Further company coverage: PACD.NS
(([email protected];))
Feb 18 (Reuters) - Pace Digitek Ltd PACD.NS:
UNIT RECEIVES PURCHASE ORDER WORTH USD 1.3 MILLION
Source text: ID:nNSEvkwVq
Further company coverage: PACD.NS
(([email protected];))
Feb 11 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - HAS RECEIVED LETTER OF AWARD (LOA) FROM KARNATAKA RENEWABLE ENERGY DEVELOPMENT LIMITED
PACE DIGITEK LTD - PROJECT INVOLVES SETTING UP A 250 MW SOLAR PV POWER PROJECT IN KARNATAKA
Source text: ID:nNSE7fkqhL
Further company coverage: PACD.NS
(([email protected];))
Feb 11 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - HAS RECEIVED LETTER OF AWARD (LOA) FROM KARNATAKA RENEWABLE ENERGY DEVELOPMENT LIMITED
PACE DIGITEK LTD - PROJECT INVOLVES SETTING UP A 250 MW SOLAR PV POWER PROJECT IN KARNATAKA
Source text: ID:nNSE7fkqhL
Further company coverage: PACD.NS
(([email protected];))
Feb 10 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - RECEIVED AN AWARD FOR DEVELOPING SOLAR PV PROJECT FOR 17.75 BILLION RUPEES
Source text: ID:nNSE1SK0vt
Further company coverage: PACD.NS
(([email protected];))
Feb 10 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - RECEIVED AN AWARD FOR DEVELOPING SOLAR PV PROJECT FOR 17.75 BILLION RUPEES
Source text: ID:nNSE1SK0vt
Further company coverage: PACD.NS
(([email protected];))
Jan 20 (Reuters) - Pace Digitek Ltd PACD.NS:
SECURES 943.5 MILLION RUPEES ORDER FROM BSNL
Source text: ID:nBSE5Rrffk
Further company coverage: PACD.NS
(([email protected];;))
Jan 20 (Reuters) - Pace Digitek Ltd PACD.NS:
SECURES 943.5 MILLION RUPEES ORDER FROM BSNL
Source text: ID:nBSE5Rrffk
Further company coverage: PACD.NS
(([email protected];;))
Jan 19 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - UNIT RECEIVES PURCHASE ORDER WORTH 943.5 MILLION RUPEES FROM BSNL
Source text: ID:nBSE89mBWh
Further company coverage: PACD.NS
(([email protected];))
Jan 19 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - UNIT RECEIVES PURCHASE ORDER WORTH 943.5 MILLION RUPEES FROM BSNL
Source text: ID:nBSE89mBWh
Further company coverage: PACD.NS
(([email protected];))
** Shares of Pace Digitek PACD.NS rise nearly 3% to 215 rupees
** Telecom infrastructure solutions provider bags order worth 1.86 billion rupees ($20.95 million) from Tata Teleservices
** Order is for operating and managing outside plant (OSP) fiber network field operations and inside plant (ISP) operations across five Indian states
** Contract is for an initial term of 3.5 years, co says
** Stock down ~5% since listing on Oct 6
($1 = 88.7760 Indian rupees)
(Reporting by Komal Salecha)
(([email protected];))
** Shares of Pace Digitek PACD.NS rise nearly 3% to 215 rupees
** Telecom infrastructure solutions provider bags order worth 1.86 billion rupees ($20.95 million) from Tata Teleservices
** Order is for operating and managing outside plant (OSP) fiber network field operations and inside plant (ISP) operations across five Indian states
** Contract is for an initial term of 3.5 years, co says
** Stock down ~5% since listing on Oct 6
($1 = 88.7760 Indian rupees)
(Reporting by Komal Salecha)
(([email protected];))
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What does Pace Digitek do?
Pace Digitek is a telecom infrastructure solution provider with a significant focus on the telecom infrastructure industry including telecom towers and optical fibre cables. It undertakes manufacturing, installation and commissioning services of products at the site and undertakes operation and maintenance of site including tower erection and optical fiber cable laying as turnkey solution.
Who are the competitors of Pace Digitek?
Pace Digitek major competitors are HFCL, Exicom Tele-Systems, Bondada Engineering. Market Cap of Pace Digitek is ₹4,482 Crs. While the median market cap of its peers are ₹3,297 Crs.
Is Pace Digitek financially stable compared to its competitors?
Pace Digitek seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Pace Digitek pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Pace Digitek latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Pace Digitek allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Pace Digitek balance sheet?
Balance sheet of Pace Digitek is moderately strong.
Is the profitablity of Pace Digitek improving?
Yes, profit is increasing. The profit of Pace Digitek is ₹307 Crs for TTM, ₹268 Crs for Mar 2025 and ₹219 Crs for Mar 2024.
Is the debt of Pace Digitek increasing or decreasing?
Yes, The net debt of Pace Digitek is increasing. Latest net debt of Pace Digitek is ₹192 Crs as of Mar-26. This is greater than Mar-25 when it was -₹271.97 Crs.
Is Pace Digitek stock expensive?
Yes, Pace Digitek is expensive. Latest PE of Pace Digitek is 15.06, while 3 year average PE is 15.01. Also latest EV/EBITDA of Pace Digitek is 10.27 while 3yr average is 9.2.
Has the share price of Pace Digitek grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Pace Digitek?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Pace Digitek is 69.52% and last quarter promoter holding is 69.52%.
Are mutual funds buying/selling Pace Digitek?
The mutual fund holding of Pace Digitek is increasing. The current mutual fund holding in Pace Digitek is 4.12% while previous quarter holding is 3.2%.