Subex Ltd.

BSE: 532348 | NSE: SUBEXLTD
Small Cap | IT - Software
10.27
-0.63 (-5.78%)
< Home < Back

Subex trades jubilantly on the bourses

Date: 18-10-2012

Subex is currently trading at Rs. 15.43, up by 0.92 points or 6.34% from its previous closing of Rs. 14.51 on the BSE.

The scrip opened at Rs. 14.62 and has touched a high and low of Rs. 15.55 and Rs. 14.25 respectively. So far 1568485 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 44.40 on 31-Oct-2011 and a 52 week low of Rs. 11.10 on 29-Aug-2012.

Last one week high and low of the scrip stood at Rs. 15.55 and Rs. 13.71 respectively. The current market cap of the company is Rs. 242.25 crore.

The promoters holding in the company stood at 5.34% while Institutions and Non-Institutions held 10.23% and 80.01% respectively.

Subex, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), intelligent root cause analysis engine Zen has helped operators increase their productivity by over 75%.

Zen, the industry's first virtual analyst for Revenue Assurance, is one of the two capabilities of Subex’s ROC Revenue Assurance 5 solution, along with RevenuePad.

Zen is industry’s first solution that sifts through millions of records and narrows in on the problem area in matter of minutes. It is powerful magnet that pulls out the needle from haystack. This dramatically reduces the time to find root causes, typically from 30 hours to 30 minutes.