Pace Digitek shares surge 4% as arm bags battery packs supply order worth ₹159 crore from RIL

This comes as its material subsidiary, Lineage Power Pvt Ltd, received a purchase order worth ₹158.71 crore (including GST) from Reliance Industries.

The stock was trading 1.63% higher at ₹184.82 per equity share at around 10:56 am.

While the scrip has surged 13% in the past month, it has fallen 2% on a year-to-date basis.

The share hit a 52-week low of ₹160.21 on January 27, 2026, and a year’s high of ₹231.95 per unit on October 10, 2025.

Order wins

In a regulatory filing on Monday, the company stated that its subsidiary received a domestic purchase order for the supply of battery packs of Li-ion 48V 15S1P 314 AH.

The delivery is expected to be completed by August 31, 2026, Pace Digitek added.

In a separate regulatory filing on February 20, the telecom provider said that it received an advanced letter of authorisation (LOA) from Railtel Corporation of India worth ₹89.1 crore.

The security infrastructure project, its first railway sector order, involves end-to-end commissioning of IP-based Video Surveillance Systems (VSS) in LHB coaches.

The scope of the work includes the supply, installation, testing, and commissioning of surveillance infrastructure, along with a three-year initial warranty and a five-year Comprehensive Annual Maintenance Contract (CAMC).

Pace Digitek Q3 results

The Bengaluru-based company posted an 8.1% year-on-year (YoY) surge in its consolidated net profit to ₹75.84 crore in the third quarter of the 2025-26 financial year (Q3 FY26), compared to ₹70.18 crore it logged in the year-ago period.

Its revenue from operations advanced 13.54% YoY to ₹643.97 crore during the quarter under review, as against ₹567.16 crore in the December quarter of the 2024-25 fiscal year (Q3 FY25).

Pace Digitek has a total market capitalisation of ₹3,986.99 crore, as of February 24, 2026, according to data on the NSE.