Subex Ltd updates on ratings

India Ratings and Research (Ind-Ra) has affirmed the Long-Term Issuer Rating of Subex Limited (the 'Company') and Subex Assurance LLP, material wholly owned subsidiary of the Company at 'IND A-' with a Positive Outlook and simultaneously withdrawn it.

Further, CRISIL has assigned CCR A-/Stable Corporate Credit Rating to the Company as well as to its material wholly owned subsidiary, Subex Assurance LLP.

Shares of Subex Limited was last trading in BSE at Rs. 54.40 as compared to the previous close of Rs. 55.25. The total number of shares traded during the day was 637120 in over 3030 trades.

The stock hit an intraday high of Rs. 55.85 and intraday low of 54.10. The net turnover during the day was Rs. 35023166.00.

Source : Equity Bulls

Keywords

Subex INE754A01055 ITSoftwareProducts SubexAssuranceLLP