Subex Limited has moved higher by 8% at Rs 27.85 after the company said it has bagged multi-million dollar Revenue Operation Centre (ROC) deal in APAC.
“Another Greenfield operator in APAC has selected the company’s industry-changing ROC fraud management and revenue assurance solutions, “Subex said in a filing to the stock exchanges.
ROC Fraud Management is Subex’s award-winning solution that helps wireless and wireline operators eliminate known frauds, uncover new fraud patterns, minimize fraud run time augment internal controls and support continuous fraud management process improvement.
A combined 417,983 shares have changed hands on the counter so far on the NSE and BSE.
