Subex is currently trading at Rs. 5.75, up by 0.03 points or 0.52% from its previous closing of Rs. 5.72 on the BSE.
The scrip opened at Rs. 5.73 and has touched a high and low of Rs. 5.80 and Rs. 5.70 respectively. So far 6223 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 8.01 on 24-Jan-2019 and a 52 week low of Rs. 4.50 on 10-Oct-2019.
Last one week high and low of the scrip stood at Rs. 6.05 and Rs. 5.63 respectively. The current market cap of the company is Rs. 323.15 crore.
The Institutions and Non-Institutions held 0.62% and 99.38%, stake in the company respectively.
Subex has joined hand with the Risk & Assurance Group (RAG) to provide a blockchain-based fraud management solution to its customers. As part of this alliance, the company becomes part of the RAG Wangiri Blockchain Consortium which seeks to use Blockchain technology to gather real-time industry threat intelligence about fraudsters. The consortium includes some of the world’s leading Communications Service Providers (CSP) from North America, Europe, Africa, and Asia.
Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.
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