Is Subex a good company to invest?

How good is stock subex? – Quora. In absolute terms, that’s a satisfactory return, but compared to the Software industry average of 12\% it’s much better. Historical performance is a great place to start when researching a stock so above you can see the gauge for Subex’s ROCE against it’s prior returns.

Why did Subex fail?

Once hailed as a successful and profitable Indian product company, Subex nose dived into losses after disastrous acquisitions and failed turnarounds. Shares of the company, which touched Rs 800 in its heydays a few years back, plummeted to low double digits.

Can Subex shares go back to life time highs?

A fresh bounce from ₹47 can have the potential to take the stock up to ₹80-₹85 over the medium-term. If the stock manages to sustain above ₹47 itself, then it can target even ₹100-₹110 over the long term. So, you can accumulate longs at ₹48 and wait to see a fresh rise.

Is Subex overvalued?

Price to Book Ratio PB vs Industry: 532348 is overvalued based on its PB Ratio (5.7x) compared to the IN Software industry average (2.3x).

Who owns Subex?

History. Subex was founded in 1992 by Subash Menon and Alex Puthenchira as a marketing company; the word “Subex” is a portmanteau of the founders’ first names. The company then started providing enterprise software services like revenue assurance, fraud detection and network analytics to telecom operators.

Why did Subex fall in 2007?

CEO yet to be named Last week, Subash Menon, who had founded the company in 1992, resigned as its Managing Director and Chief Executive Officer as the company was grappling with mounting debt. In January 2007, the firm’s share price touched an all-time high of Rs 803 and its market cap soared to Rs 2,500 crore.

Who owns subex?

Who is the owner of subex company?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Subex Ltd….PREMARKET.

What is future of subex share?

(Subex Ltd). Subex Ltd. quote is equal to 53.650 INR at 2021-12-18. Based on our forecasts, a long-term increase is expected, the “Subex Ltd” stock price prognosis for 2026-12-11 is 139.628 INR. With a 5-year investment, the revenue is expected to be around +160.26\%.

Who invested in Subex?

The Shareholding Pattern page of Subex Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.

What is Subex?

Subex Limited is an Indian enterprise software company based in Bangalore, which provides digital trust products to communication service providers.

Why did Subex share fall in 2007?

The acquisition turned bad at the height of the financial crisis in 2008, when Syndesis clients failed to place orders as expected, making it look overpriced and pulling down the Subex stock, which was beaten down to as low as Rs18 in mid-March 2009 from an all-time high of Rs803 in mid-January 2007.

Is Subex a good stock to invest in?

To conclude a stock good or bad we should not go behind the recent performance only because many factors decide the bull rally. For Subex , we can say that Information technology is highly demanded from last 1 year and thus the potential to grow is also massive. Also keep in mind the IT stocks are always affected by Dollar value.

Is the Subex story over?

The result is that Subex’s share base will need to expand from 35 million in 2007 to 380 million by 2017 for it to pay off all the debt. Its original projection was to only expand to 47 million. Just like that, the Subex story was over. “I had a firm belief, but I went against that.

What happened to Subex Systems Ltd?

– The Bangalore-based Subex Systems Ltd has discontinued the hardware operations of its telecom division, which consisted of telecom system integration related business. -S N Rajesh, representative of Unit Trust of India A/c ITVUS, has been approved to be appointed as Director of the company.

Is Subex the best software company in the software industry?

In absolute terms, that’s a satisfactory return, but compared to the Software industry average of 12\% it’s much better. Historical performance is a great place to start when researching a stock so above you can see the gauge for Subex’s ROCE against it’s prior returns. Key your eye on your investments!