Subex Shares Rally 12% After Securing Three Year Contract From Major European Fibre Operator
India, Aug. 21 -- The latest contract strengthens the company in the European wholesale telecom market and adds business visibility over the three-year engagement period. The solution will help the operator manage its expanding wholesale business ecosystem and complex settlement processes as its network and partner relationships grow.
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The shares of Subex Limited is currently trading at the current market of Rs. 19.16, up by 12.30%, and its 52 week low is Rs.6.61 and 52 week high is Rs. 19.39. Its current P/E Ratio is 32.06 times
The Contract
Subex has informed the stock exchanges that it has secured a new-logo engagement worth approximately Rs. 6.7 crore from a major European open access fibre operator. Under the agreement ...
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