Subex shares rose 30% in two sessions; here's why
On Friday, the stock of software products firm ended 20% higher on the development. The stock opened higher at Rs 35.19 on BSE today.
Source: businesstoday.in
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Subex shares zoom 20% on tie up with Google Cloud; here's what tech charts hint
Subex share price: On technical setup, the counter's 14-day relative strength index (RSI) came at 44. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a negative price-to-earnings (P/E) ratio of 23.12. It has a price-to-book (P/B) value of 3.75.
Source: businesstoday.in
Subex shares locked in 20% upper circuit on partnership with Jio Platforms
Shares of Subex zoomed 20% today after the software company said it has announced a partnership for its AI Orchestration Platform, HyperSense, with Jio Platforms that will augment the 5G product line of Reliance Industries telecom business. Subex stock was stuck in the upper circuit of 20% at Rs 33.30 against the previous close of Rs 27.70 on BSE.
Source: businesstoday.in