Subex is currently trading at Rs 26.15, up by 0.35 points or 1.36% from its previous closing of Rs 25.80 on the BSE.
The scrip opened at Rs 25.65 and has touched a high and low of Rs 26.65 and Rs 25.15 respectively. So far 156045 shares were traded on the counter.
The BSE group 'B' 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 27.70 and Rs 24.70 respectively. The current market cap of the company is Rs 181.25 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 (CSP's), has been selected by ZON Multimedia, in a competitive bid, to provide its industry leading Revenue Operations Centre (ROC) Revenue Assurance solution.
ZON Multimedia is the largest operator of television, internet and telephone in Portugal. It is the market leader in pay TV in Portugal and one of the largest cable operators in Europe, with about 1.6 million customers.
ROC Revenue Assurance helps simplify Revenue Assurance for CSPs, with the introduction of two industry list capabilities in RevenuePad and Zen.
RevenuePad allows CSPs to grow the function through assistance and in roadmap planning and maturity enhancement. It also guides CSPs on which assurance areas and KPIs to cover to improve operational performance and advance along the maturity scale.
While, Zen is the industry’s first solution that sifts through millions of records and zooms in on the problem area in a matter of seconds. This domestically reduces the time to find root causes (by more than 90%) and provides a substantial boost to analyst productivity, thereby helping CSPs recover revenues much faster.
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.
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