PACEDIGITKNSEPace Digitek LimitedHighPositive
Announced Wed, 20 May · 13:33 IST

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

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PACEDIGITK · price

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Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹177.51
prior close
₹176.38
base price
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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.