Subex soars on securing 2.7 million euro contract
Subex is currently trading at Rs. 8.52, up by 0.53 points or 6.63% from its previous closing of Rs. 7.99 on the BSE.
The scrip opened at Rs. 8.10 and has touched a high and low of Rs. 8.58 and Rs. 8.10 respectively. So far 142632 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 17.30 on 12-Jun-2025 and a 52 week low of Rs. 7.83 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 8.88 and Rs. 7.83 respectively. The current market cap of the company is Rs. 478.83 crore.
The Institutions and Non-Institutions held 0.93% and 99.06% stake in the company respectively.
Subex has been chosen by a leading North African Telecom operator for an Enterprise Asset Management (EAM) engagement. The Operator, who is part of the largest multi-country telecom group selected the company for its flexible, governance-first EAM approach, which integrates seamlessly with Enterprise Resource Planning (ERP), Geographic Information System (GIS), and Network Management System / Element Management System (NMS/EMS) systems. Powered by Subex HyperSense, the solution enables centralized 360° asset visibility, Fixed Asset Registry (FAR) reconciliation and workflow automation.
The contract involves the deployment of HyperSense solutions to enable a flexible, governance - first EAM approach, covering the full lifecycle process workflows for all asset types - including telecom network, fiber, IT, and data-center assets - along with their associated technical and financial details. The contract is valued at around 2.7 million euro and spans over a period of 9 years.
Subex offers a wide range of solutions namely Revenue Assurance, Fraud Management, Credit Risk Management, Interconnect Billing, Interparty Management, Route Optimization and Cost Management.
