Pace Digitek Limited has informed the Exchange about Bagging/Receiving of orders/contracts from BSNL

Business Updates View source PDF Explain this filing

PACEDIGITK · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹177.51

prior close

₹176.38

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+0.3% vs market

Telecom - Infrastructure peers, median of 5sector+0.7%+0.3% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.3 pts more than its Telecom - Infrastructure peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.6

10m

+2.0

15m

+2.4

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9+0.6+0.3+0.7+0.3

Next day

+2.9+1.7+1.2+2.5+0.5

+6.9+1.8+5.1+2.5+4.4

+7.4+3.4+4.0+2.7+4.7

+13.8+4.1+9.6+1.5+12.3

+14.6+4.1+10.5+1.7+12.8

+2.9+2.3+0.6+1.7+1.2

15d

+3.9+1.8+2.1-3.3+7.2

+3.6+10.8-7.1+7.2-3.6

+14.4+10.3+4.1-3.8+18.2

-1.2+14.9-16.1-7.6+6.4

UpDownMarket · Nifty Microcap 250Sector · Telecom - Infrastructure peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Pace Digitek Limited has received a contract worth Rs. 2,646.50 million (including GST) from Bharat Sanchar Nigam Limited (BSNL). The contract involves designing, supplying, constructing, installing, upgrading, operating and maintaining the middle mile network of Bharatnet in the Sikkim Telecom Circle. The project has a completion schedule of 1,095 days (approximately 3 years) from the appointed date. BSNL is a government-owned telecom PSU. The company has confirmed no related party transaction and no promoter interest in the awarding entity.

Likely market impact

This is a significant contract win for Pace Digitek, representing exposure to government telecom infrastructure projects. The Rs 264.65 crore order could provide revenue visibility over the next 3 years, though the actual impact depends on the company's current revenue base and execution capacity.