Subex is currently trading at Rs. 54.50, up by 2.35 points or 4.51% from its previous closing of Rs. 52.15 on the BSE.
The scrip opened at Rs. 52.80 and has touched a high and low of Rs. 55.50 and Rs. 51.45 respectively. So far 1633061 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 74.45 on 08-Jul-2021 and a 52 week low of Rs. 9.28 on 09-Sep-2020.
Last one week high and low of the scrip stood at Rs. 56.75 and Rs. 49.20 respectively. The current market cap of the company is Rs. 2897.13 crore.
The Institutions and Non-Institutions held 0.21% and 99.79%, stake in the company respectively.
Subex has been awarded a seven-digit, five-year contract from Dhiraagu, the leading telecom operator of Maldives, to provide its integrated Revenue Assurance and Fraud Management (iRAFM) solution. Through the deployment, Dhiraagu will upgrade its systems and consolidate its standalone assurance functions to better equip themselves for the 5G era.
Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.