Subex Ltd.

Subex is currently trading at Rs. 5.62, up by 0.19 points or 3.50% from its previous closing of Rs. 5.43 on the BSE.

The scrip opened at Rs. 5.38 and has touched a high and low of Rs. 5.93 and Rs. 5.16 respectively. So far 200613 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 13.13 on 15-Jan-2018 and a 52 week low of Rs. 5.15 on 28-Jun-2018.

Last one week high and low of the scrip stood at Rs. 5.93 and Rs. 5.16 respectively. The current market cap of the company is Rs. 313.04 crore.

The promoters holding in the company stood at 0.17%, while Institutions and Non-Institutions held 10.33% and 89.50% respectively.

Subex has bagged a multi-million-dollar contract from Optus, Australia to implement its ROC Network Asset Management solution. Subex was selected after successfully demonstrating its strong domain expertise and unique value proposition while showcasing the superiority of its solution.

As part of the deal, Subex’s ROC Network Asset Management will enable Optus to control all of its existing and new network investments through a well-defined network efficiency framework. This implementation will further help Optus to protect their network investments, improve utilisation visibility and provide better financial controls.

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