Subex zooms on extending strategic partnership with Robi to support their 5G ambitions

31 Aug 2021 Evaluate

Subex is currently trading at Rs. 51.50, up by 0.65 points or 1.28% from its previous closing of Rs. 50.85 on the BSE.

The scrip opened at Rs. 51.20 and has touched a high and low of Rs. 53.60 and Rs. 50.50 respectively. So far 1490233 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 74.45 on 08-Jul-2021 and a 52 week low of Rs. 9.28 on 09-Sep-2020.

Last one week high and low of the scrip stood at Rs. 53.60 and Rs. 49.50 respectively. The current market cap of the company is Rs. 2928.04 crore.

The Institutions and Non-Institutions held 0.21% and 99.79%, stake in the company respectively.

Subex has extended its partnership with Robi to upgrade its existing integrated Revenue Assurance and Fraud Management (iRAFM) system. Through this upgrade, Robi will now leverage the AI/ML capabilities of Subex’s Revenue Assurance and Fraud Management solutions to tackle new-age telecom threats in the region and deliver a superior customer experience as it looks to provide services built on 5G.

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.


Subex Share Price

30.02 0.68 (2.32%)
28-Mar-2024 16:01 View Price Chart
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