Announced Fri, 10 Jul · 17:00 IST
Subsidiary signs MOU for BESS supply with Bondada Renewable
Strategic Transactions View source PDF
PACEDIGITK · price
▲ 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
-5.1%1-day move
₹216.00
prior close
₹215.81
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+1.0+0.6+0.2-5.1-3.7-4.9-6.5-6.0-8.3————
Up moveDown movePending
AI summary
Subsidiary Lineage Power signed an MOU with Bondada Renewable Energy for supply of Battery Energy Storage Systems (BESS), including DC Blocks, C&I BESS cabinets, Residential BESS, PCS, EMS, and battery containers. Domestic deal with no related party connection and no shareholding exchanged. Financial terms not disclosed.
Likely market impact
Positive signal for the subsidiary's order pipeline in the battery energy storage segment; no immediate financial impact as terms are undisclosed.