Subex Ltd.

Subex is currently trading at Rs. 10.32, up by 0.06 points or 0.58% from its previous closing of Rs. 10.26 on the BSE.

The scrip opened at Rs. 10.24 and has touched a high and low of Rs. 10.52 and Rs. 10.23 respectively. So far 629903 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 13.68 on 21-Jul-2016 and a 52 week low of Rs. 8.25 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 10.65 and Rs. 10.05 respectively. The current market cap of the company is Rs. 586.17 crore.

The promoters holding in the company stood at 0.19%, while institutions and non-institutions held 1.00% and 98.81% respectively.

Subex has been selected by ElevenPaths, Telefonica Cybersecurity Unit to offer a Fraud Management-as a-Service (FMaaS) solution. Telefonica is one of the world’s largest telecommunications companies, with a global presence in 21 countries and an average of 125,000 professionals and 350 million accesses.

The agreement between Telefonica and Subex will result in the new ‘Telefonica FMaaS Powered by Subex’ to protect against a comprehensive set of digital risks and threats, along with a library of fraud detection processes. The solution addresses Subscription Fraud, Internal Fraud, Premium Rate Service Fraud (PRS Fraud), and International Revenue Share Fraud (IRSF), amongst others.

Additionally, ROC Fraud Management technology deployed by Subex will deliver the ability to deploy client-specific detection processes, techniques and strategies, based on particular business needs at each site.

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos. Founded in 1992, Subex has spent over 25 years in enabling 3/4th of the largest 50 CSPs to globally achieve competitive advantage.