India's Subex rises on order win

Subex

07/03/2024 06:34

** Shares of Subex  SUBX.NS  up 2.2%, paring back from gains of
4.8% earlier in session
    ** Telecom AI solutions provider wins a deal from an
unspecified "leading telecom operator" from southeast Asia worth
about $2.2 mln
    ** Contract deliver revenue assurance and fraud management
on co's HyperSense AI/ML platform over a period of 5 years
    ** SUBX on track to snap four consecutive days of losses
    ** Stock up 9.4% so far this year

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))