Subex inches up on extending partnership with APAC CSP
Subex is currently trading at Rs. 11.97, up by 0.01 points or 0.08% from its previous closing of Rs. 11.96 on the BSE.
The scrip opened at Rs. 12.06 and has touched a high and low of Rs. 12.11 and Rs. 11.97 respectively. So far 17191 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 29.30 on 03-Oct-2024 and a 52 week low of Rs. 10.57 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 12.50 and Rs. 11.72 respectively. The current market cap of the company is Rs. 672.72 crore.
The Institutions and Non-Institutions held 0.78% and 99.21% stake in the company respectively.
Subex, in collaboration with its regional systems-integration partner, has extended its long-standing partnership with a leading APAC communications service provider (CSP) for another five years. The deal is worth $5.60 million. Building on a proven track record, the renewed engagement will deliver enhanced Revenue Assurance and Fraud Management (RAFM) capabilities to protect against revenue leakages and fraud across the operator’s mobile and fixed-broadband services.
The five-year renewal extends Managed Services program and introduces an additional specialized Professional Services program to help organization unlock greater ROI from the RAFM platform, starting with a technical modernization effort that positions the platform for longterm success.
Together, these initiatives will accelerate detection and resolution, curb revenue risk, and fortify operational resilience across the expanding portfolio, positioning the operator to supercharge revenue protection, sharpen compliance, and elevate customer experience.
Subex offers a wide range of solutions namely Revenue Assurance, Fraud Management, Credit Risk Management, Interconnect Billing, Interparty Management, Route Optimization and Cost Management.
