Stock in focus after securing Rs.710 Cr battery energy storage project from NLC India
Bengaluru, May 18 -- A Bengaluru-based infrastructure solutions company stepped into the national spotlight after it disclosed a contract of extraordinary scale from a public sector renewable energy entity, one that signals both the deepening of India's energy storage ambitions and the emergence of a credible domestic BESS player capable of executing at grid scale.
With a market capitalization of approximately Rs. 3,810 crore, shares of Pace Digitek Limited were last trading around Rs. 178 on the NSE. The stock carries a P/E of approximately 15x and a 52-week range of Rs. 231.95 to Rs. 139.81.
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Pace Digitek has been awarded a contract by NLC India Renewables Limited (NIRL) for the design, engineering, supply (excluding powe...
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