Subex is currently trading at Rs. 22.90, up by 0.35 points or 1.55% from its previous closing of Rs. 22.55 on the BSE.
The scrip opened at Rs. 22.50 and has touched a high and low of Rs. 23.20 and Rs. 22.35 respectively. So far 32232 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 68.30 on 15-Jun-2011 and a 52 week low of Rs. 21.55 on 04-Jun-2012.
Last one week high and low of the scrip stood at Rs. 23.80 and Rs. 21.55 respectively. The current market cap of the company is Rs. 158.72 crore.
The promoters holding in the company stood at 11.69% while Institutions and Non-Institutions held 12.21% and 65.99% respectively.
Subex, a leading global provider of business support systems (BSS) for communications service providers (CSP's), has successfully completed the TM forum business metrics automation certification on their ROCware platform. The product has been successfully certified against business metrics automation interface version 1.0 and the revenue assurance metric groups in the Business Performance Measurement System Version 5.6.
The TM Forum business metrics automation program was launched at the management world conference in Dublin in May last year. The program works with software suppliers and consultants to incorporate TM Forum’s standardized business metric into products and solutions; this allow service providers to automatically upload metric data into the TM forum business benchmark database.
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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