Subex trades higher on the bourses

Subex is currently trading at Rs. 11.74, up by 0.02 points or 0.17% from its previous closing of Rs. 11.72 on the BSE.

The scrip opened at Rs. 11.70 and has touched a high and low of Rs. 11.97 and Rs. 11.70 respectively. So far 77855 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.90 on 23-Feb-2012 and a 52 week low of Rs. 10.50 on 18-Feb-2013.

Last one week high and low of the scrip stood at Rs. 12.85 and Rs. 10.50 respectively. The current market cap of the company is Rs. 195.18 crore.

The promoters holding in the company stood at 5.32% while Institutions and Non-Institutions held 3.32% and 86.97% respectively.

Subex, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), will be participating in this year's Mobile World Congress, which will be held in Barcelona, Spain from February 25-28, 2013.

With the prime focus of operators across the globe shifting towards mining their customers' data to aid in predicting trends and patterns for better customer centric decisions, operators are facing the daunting task of translating data into insights and actionable intelligence in near real-time. As a result, operators are rapidly deploying new-gen analytics to remain profitable.

At the event, Subex will be demonstrating its Insights and Analytics Capabilities. The solution's capability to harness available operational data that service providers have and transform it into actionable intelligence for their perusal - all in near real time, plays an important part in delivering Business Optimisation to CSPs.

In addition, Subex will also be showcasing its highly acclaimed Managed Services - Centre of Excellence, a centralized function to efficiently deliver managed service programs across the globe. This solution allows CSPs to leverage Subex's expertise by allowing it to handle their operational aspects. This allows the service providers to focus on their strategic planning and core mission objectives.

Subex is a leading global provider of business support systems for communications service providers that empower communications service providers to achieve competition advantage through business optimization -thereby enabling them to improve their operational efficiency to deliver enhanced service experience to subscribers.