Subex Ltd.

Subex is currently trading at Rs 43.90, up by 1.05 points or 2.45% from its previous closing of Rs 42.85 on the BSE.

The scrip opened at Rs 43.85 and has touched a high and low of Rs 44.35 and Rs 43.35 respectively. So far 86897 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 94.90 on 12-Nov-2010 and a 52 week low of Rs 41.40 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs 49.50 and Rs 42.10 respectively. The current market cap of the company is Rs 297.00 crore.

The promoters holding in the company stood at 11.69% while Institutions and Non-Institutions held 21.62% and 53.43% respectively.

Subex, a leading global provider of business support systems (BSS) for communication service providers, has been reported market leader in the Business Optimization for the fourth year in succession, by Analsys Mason.

The Analsys Mason research report: ‘Billing system: worldwide market shares 2010’ highlights the overall billing market. Analsys Mason reports the Business Optimization market worth nearly $760 in 2010 which grew by 6.9% in comparison in 2009.

Business Optimization includes fraud, revenue assurance, analytics, cost management and credit risk management. These are all factors that do not generate revenue directly, but ensure the most revenue is collected and least cost incurred, therefore maximizing profit from the business.

Subex is a leading global provider of business support systems that empowers communication service providers to achieve competitive advantage through Business Optimization-thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.