Subex soars on winning 5-year deal in Europe
Subex is currently trading at Rs. 11.94, up by 0.19 points or 1.62% from its previous closing of Rs. 11.75 on the BSE.
The scrip opened at Rs. 11.76 and has touched a high and low of Rs. 12.59 and Rs. 11.66 respectively. So far 198077 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 26.98 on 10-Dec-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. 12.59 and Rs. 11.19 respectively. The current market cap of the company is Rs. 671.03 crore.
The Institutions holding in the company stood at 0.79%, while Non-Institutions held 99.21% in the company.
Subex has won 5 year deal in Europe with a leading integrated energy & telecom provider. This engagement involves providing Fraud management software, business consulting, training, managed services and support.
The customer selected Subex for its depth and breadth of Fraud Management functionality, its business outcome-first and ROI-driven roadmap, strong security and data-protection practices, and a future ready architecture built for greenfield scalability. This win strengthens Subex’s expanding footprint in Europe and accelerates its growth.
Subex offers a wide range of solutions namely Revenue Assurance, Fraud Management, Credit Risk Management, Interconnect Billing, Interparty Management, Route Optimization and Cost Management.
.jpg)
 Ltd.jpg)
