Pace Digitek added 1.41% to Rs 191.20 after its material subsidiary, Lineage Power, has received an advance purchase order worth Rs 94.35 crore from Bharat Sanchar Nigam (BSNL).
The order entails supply of 25,000 units of 100Ah/48V lithium-ion battery modules with battery management systems (BMS) along with associated accessories, and 2,500 IP55 racks for housing eight 48V/100Ah modules each, including required accessories such as cables for connecting master BMS and SMPS systems.
The scope of the contract also includes a five-year annual maintenance contract (AMC) after the initial five-year warranty period for the supplied lithium-ion battery modules and accessories.
Pace Digitek is a telecom infrastructure solutions provider with a significant focus on the telecom industry, including telecom tower infrastructure and optical fiber cables. The companys consolidated net profit slipped 32.7% to Rs 64.08 crore on a 37% decline in revenue from operations to Rs 533.45 crore in Q2 FY26 over Q2 FY25.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content