Subex surges on launching FraudZap
Subex is currently trading at Rs 14.33, up by 0.19 points or 1.34% from its previous closing of Rs 14.14 on the BSE.
The scrip opened at Rs 14.18 and has touched a high and low of Rs 14.40 and Rs 14.14 respectively. So far 15386 shares were traded on the counter.
The BSE group 'T' stock of face value Rs 5 has touched a 52-week high of Rs 36.89 on 29-Jul-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 15.10 and Rs 13.15 respectively. The current market cap of the company is Rs 805.35 crore.
The Institutional holding in the company stood at 1.75%, while Non-Institutions held and 98.24% respectively.
Subex has launched FraudZap, a lightweight, AI-powered fraud detection platform designed to help Telecom Operators combat fast-evolving fraud with unmatched speed and agility. The platform’s first out-of-the-box use case targets the growing threat of Handset Fraud, one of the most pervasive challenges for telcos currently.
Built for agility, speed, and precision, FraudZap offers targeted fraud controls with minimal TCO, zero AI build-up time, and near-zero deployment effort - on cloud, on-prem, or as-a-service. Its modular design allows CSPs to deploy single-use fraud controls within days, not months.
Subex offers a wide range of solutions namely Revenue Assurance, Fraud Management, Credit Risk Management, Interconnect Billing, Interparty Management, Route Optimization and Cost Management.
