PACEDIGITKBSEPace Digitek LtdMediumPositive
Announced Wed, 20 May · 18:24 IST

Intimation of press release for bagging/receipt of order

Business Updates View source PDF

PACEDIGITK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+5.9%1-day move
₹179.15
prior close
₹182.80
base price
After-mkt
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+1.3+1.0+0.6+0.4+5.9+6.5+12.8+13.5+5.8+7.3+4.9+2.7+14.9
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AI summary

Pace Digitek Limited has received an Advance Work Order (AWO) from Bharat Sanchar Nigam Limited (BSNL) worth ₹2,646.5 million (approximately ₹26.5 billion including GST) for designing, supplying, constructing, and maintaining middle-mile and last-mile network infrastructure under the BharatNet programme in Sikkim. The project involves deploying optical fibre cable, IP-MPLS routers, telecom power systems, and associated network infrastructure across Sikkim Telecom Circle. The project must be completed within 3 years and includes long-term operations and maintenance services. With this order, the company's total executable order book stands at over ₹110,000 million (₹110 billion).

Likely market impact

This is a significant contract win from a government telecom operator, expanding Pace Digitek's participation in national digital infrastructure projects under the BharatNet programme. The order diversifies their Telecom & ICT revenue mix and strengthens their execution credentials in broadband connectivity projects.