New Delhi, Sept. 22 -- Pace Digitek shares surged as much as 13% in intraday trade on the BSE on Tuesday, 22 September, a day after the company announced receiving a letter of award (LOA) of Rs.488.46 crore from NTPC GE Power Services. Pace Digitek shares opened at Rs.165.55 against their previous close of Rs.154.80 and jumped 13% to an intraday high of Rs.174.90. An LOA is the official written document confirming the entity has been selected for the contract.

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