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Indian-Commodity  :  Equity & Shares  :  Subex trades with traction on the bourses

Subex trades with traction on the bourses (17-Feb-2017)

Subex is currently trading at Rs. 11.00, up by 0.22 points or 2.04% from its previous closing of Rs. 10.78 on the BSE.

The scrip opened at Rs. 10.90 and has touched a high and low of Rs. 11.10 and Rs. 10.78 respectively. So far 187435 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 14.24 on 11-Jul-2016 and a 52 week low of Rs. 8.25 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 11.99 and Rs. 10.54 respectively. The current market cap of the company is Rs. 547.97 crore.

The promoters holding in the company stood at 0.19%, while institutions and non-institutions held 1.65% and 98.16% respectively.

Subex is all set to participate in this year's Mobile World Congress, which will be held in Barcelona, Spain from the February 27 - March 2, 2017. The company will be present in Booth #5F10 in Hall 5.

As telecom operators embark on their journey towards digital revolution, it is well known knowledge that they will encounter a broad range of challenges and risks. In order to enable telcos to be successful through this transition, Subex is the trusted technology and business solution provider to help global telcos drive new business models, enhance customer experience, and optimise enterprises.

Through its solution portfolio, Subex can empower businesses to drive new business models by pivoting their offerings around revenue, opening new revenue streams in emerging business areas and allied services, and by better leveraging the partner ecosystem. Subex can also empower telcos to optimise their enterprise by helping them bring in operational excellence by focusing on maximizing revenue and mitigating business risks, thus ensuring further Y-o-Y cost savings to make investments for the future.


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