India's Pace Digitek jumps after unit wins $51 million order

Shares of construction and engineering company Pace Digitek rose 10.8% to 171.62 rupees, reaching their highest level in over two weeks. The company's unit, Lineage Power, secured a 4.88 billion rupee ($50.99 million) order from NTPC GE Power Services for the supply, installation, testing, and commissioning of a 5.015 megawatt-hour battery energy storage system, including a 12-year maintenance contract. The order is expected to be completed by December 31, 2026.