Subex trades jubilantly on bagging five-year contract from MTN

Subex Ltd. | IT - Software | IT & ITES | BSE: 532348 | NSE: SUBEXLTD

13 Aug 2012 Evaluate

Subex is currently trading at Rs. 14.12, up by 0.77 points or 5.77% from its previous closing of Rs. 13.35 on the BSE.

The scrip opened at Rs. 13.29 and has touched a high and low of Rs. 14.67 and Rs. 12.10 respectively. So far 892510 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 51.00 on 20-Sep-2011 and a 52 week low of Rs. 13.31 on 10-Aug-2012.

Last one week high and low of the scrip stood at Rs. 15.30 and Rs. 12.10 respectively. The current market cap of the company is Rs. 202.75 crore.

The promoters holding in the company stood at 5.34% while Institutions and Non-Institutions held 10.23% and 80.01% respectively.

Subex, a leading global provider of Business Support Systems (BSS) for communications service providers, has been awarded a five-year deal to deploy its industry leading Revenue Operations Centre (ROC) Fraud Management and Revenue Assurance solutions across 14 networks of the MTN Group. One of the biggest telecom service provider globally, MTN is the largest operator in Africa and the Middle East, with over 170 million subscribers.

As part of a turn-key model, along with hardware vendors, Subex will provide ROC Fraud Management and Revenue Assurance solutions to support MTN’s networks. The solutions will be deployed individually in each of the operating countries, with a central program office from Subex, which will work with the MTN Group and the individual countries to roll out the systems in phases across the 14 networks.

MTN was looking for a single partner to meet its revenue protection requirements. The company has proven success in the region, as well as technical superiority. The company’s ability to cater to both large and small operators, in terms of price, and its highly scalable solution platform, made it a natural choice for the multi-country deployment in this high growth region.

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

12.07 0.47 (4.05%)

07-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2095.85
Infosys	1071.65
HCL Technologies	1168.50
Wipro	173.05
Tech Mahindra	1446.15
View more..

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.