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Pace Digitek soars 4% after arm bags ₹1,587 million Reliance Industries order

News by Aliceblue News Desk

24 Feb 2026

Pace Digitek soars 4% after arm bags ₹1,587 million Reliance Industries order

Introduction

Leading material subsidiary secures a ₹1,587.10 million domestic order from Reliance Industries for supply of Li-ion 48V 15S1P 314 AH battery packs, delivery by August 2026.

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Share price movement of PACE Digitek

On February 24, 2026, Pace Digitek Ltd opened at ₹186.05, up 2.15% from its previous close of ₹182.10. The stock reached a high of ₹189.55 (4.00%) and a low of ₹183.00. By 12:58 PM, it traded at ₹184.70, a 1.43% increase, with a market cap of ₹3,986.77 crore.

PACE Digitek Subsidiary Bags Major Order

M/s. Lineage Power Private Limited, a material subsidiary of PACE Digitek Limited, received a purchase order worth ₹1,587.10 million from M/s. Reliance Industries Limited. The order is for Li-ion 48V 15S1P 314 AH battery packs.

The supply is to be completed by August 31, 2026. The order is domestic. Details were filed under Regulation 30 of SEBI Listing Regulations. PACE Digitek has submitted the requisite disclosure to the stock exchanges.

Stock performance of PACE Digitek for period of 1 week and 1 month

Pace Digitek Ltd declined 2.24% over the past week, and it gained 11.3% over the past month.

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Shareholding pattern of PACE Digitek

ParticularsDec 2025Oct 2025
Promoter69.50%69.50%
FII2%5%
DII5.20%5.00%
Public23.00%20.70%

About PACE Digitek

Pace Digitek Ltd (NSE: PACEDIGITK), founded in 2007, provides solutions for telecom and solar sectors, including DC power systems, lithium batteries, inverters, and monitoring system installations.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Pace Digitek Ltd share price rising today?

A: Pace Digitek Ltd’s subsidiary Lineage Power received a ₹1,587.10 million order from Reliance Industries for Li-ion 48V 15S1P 314 AH battery packs.

Q: What is Pace Digitek Ltd’s main business focus?

A: Pace Digitek Ltd focuses on telecom and solar solutions, including DC power systems, lithium batteries, inverters, and monitoring system installations.

Q: What are the 52-week high and low of Pace Digitek Ltd stock?

A: Pace Digitek Ltd stock has a 52-week high of ₹232.20 and a 52-week low of ₹160.15.

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