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Subex trades under pressure on the bourses

20 Jan 2016

Subex is currently trading at Rs. 9.79, down by 0.29 points or 2.88% from its previous closing of Rs. 10.08 on the BSE.

The scrip opened at Rs. 9.90 and has touched a high and low of Rs. 9.90 and Rs. 9.65 respectively. So far 8,76,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 18.35 on 11-Aug-2015 and a 52 week low of Rs. 9.12 on 16-Nov-2015.

Last one week high and low of the scrip stood at Rs. 11.80 and Rs. 9.64 respectively. The current market cap of the company is Rs. 412.89 crore.

The promoters holding in the company stood at 0.40%, while Institutions and Non-Institutions held 1.06% and 98.44% respectively.

Subex, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers (CSPs), has closed its branch located in Colorado, United States of Americas (USA).

The company has launched a new version of the industry leading Fraud Management solution, ROC Fraud Management 8.3. ROC Fraud Management 8.3 brings with it online Statistical Rules that adds an additional layer of detection capability to the existing memory and statistical rule engines -- to facilitate enhanced real-time detection of complex fraud types.

Subex is a leading global provider of Business Support Systems (BSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation - thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

Related Subex Ltd. Links:

Subex Share Price

62.20 -1.25 (-1.97%) Jul 30, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323