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Subex rises on bagging order from African operator

23 Feb 2012 Evaluate

Subex is currently trading at Rs. 32.60, up by 0.15 points or 0.46% from its previous closing of Rs. 32.45 on the BSE.

The scrip opened at Rs. 31.70 and has touched a high and low of Rs. 33.90 and Rs. 31.05 respectively. So far 36,000 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 82.75 on 21-Apr-2011 and a 52 week low of Rs. 22.80 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 35.40 and Rs. 31.05 respectively. The current market cap of the company is Rs. 225.00 crore.

The promoters holding in the company stood at 11.69% while Institutions and Non-Institutions held 17.53% and 60.67% respectively.

Subex, a leading global provider of business support systems (BSS) for communications service providers (CSPs), has been chosen to provide its industry leading revenue operations centre (ROC) fraud management solution to a Tier-1 African operator in a group deal covering its pan-African countries across 16 networks. The company’s ROC fraud management solution was chosen over competition owing to its proven success in the Middle East and African regions.

Subex is a leading global provider of business support systems that empowers communication service providers to achieve competitive advantage through Business Optimization-thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

Subex Share Price

8.84 0.02 (0.23%)
13-Apr-2026 16:59 View Price Chart
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Company Name CMP
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