Updated: 23 Feb 2012, 10:25 IST

Subex rises on bagging order from African operator

Accord, 23 Feb 2012 | 10:25 AM

Business support system provider Subex share prices rose after it bagged an order from an African operator.

 

Subex is currently trading at Rs 32.80, up by 0.35 points or 1.08 per cent from its previous closing of Rs 32.45 on the BSE as on 10.06am.

 

The scrip opened at Rs 31.70 and has touched a high and low of Rs 33.90 and Rs 31.05 respectively. So far 36,000 shares were traded on the counter.

 

The BSE group 'T' stock of face value Rs 10 has touched a 52 week high of Rs 82.75 on 21-Apr-2011 and a 52 week low of Rs 22.80 on 22-Dec-2011.

 

Last one week high and low of the scrip stood at Rs 35.40 and Rs 31.05 respectively. The current market cap of the company is Rs 225.00 crore.

 

The promoters holding in the company stood at 11.69 per cent while Institutions and Non-Institutions held 17.53 per cent and 60.67 per cent respectively.

 

Subex is a global provider of business support systems to communication service provider.

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