Subex is currently trading at Rs. 11.62, up by 0.11 points or 0.96% from its previous closing of Rs. 11.51 on the BSE.
The scrip opened at Rs. 11.79 and has touched a high and low of Rs. 12.05 and Rs. 11.32 respectively. So far 2, 51,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 27.80 on 27-Mar-2012 and a 52 week low of Rs. 9.60 on 05-Mar-2013.
Last one week high and low of the scrip stood at Rs. 13.20 and Rs. 11.30 respectively. The current market cap of the company is Rs. 192 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), has been selected to provide its industry leading ROC Revenue Assurance and Fraud Management solutions to Almadar, a premier telecom operator in Libya. In a competitive bid, Subex was selected for its market leadership, product superiority and domain expertise in the Revenue Assurance and Fraud Management space.
ROC Revenue Assurance is the telecom industry's first revenue assurance solution that simplified RA. It tackles critical challenges across the entire revenue chain with ease. It offers two path breaking concepts - RevenuePad and Zen which simplified and speeds up the process of revenue recovery.
ROC Fraud Management detects known fraud types and patterns of unusual behaviour helps investigate these unusual patters for potential fraud, and uses the knowledge, thus generated, to upgrade and protect against future intrusions.
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.
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