Penny stock under Rs 15: Company Wins 5-Year Deal in Europe with a Leading Integrated Energy & Telecom Provider

Subex Limited, a global leader in Telecom AI Solutions, has announced a significant five-year contract with one of Europe’s largest integrated energy and telecommunications providers. The European customer, which operates in both the energy (power grids, renewables, EV charging) and telco sectors (fiber, mobile), selected Subex as its partner for its robust Fraud Management functionality, ROI-driven roadmap, strong security practices and a scalable, future-ready architecture. This new logo significantly strengthens Subex’s expanding presence and accelerates its growth within the competitive European market.

The USD 1 million engagement is centred on delivering a comprehensive Fraud Management program. Beyond deploying Subex’s market-leading fraud detection and prevention software in the customer's data centre, the contract also includes providing advanced domain-led business consulting, personnel training, managed services for the first three years and long-term support for the entire five-year duration. The project's delivery, management and support will be handled by Subex's EU offices.

About the Company

Subex Ltd is a global telecom AI solutions company founded in 1994, bringing over 30 years of expertise to Communications Service Providers (CSPs) worldwide. The company leverages AI across the data value chain to build intelligent connected ecosystems, enabling CSPs to make faster, better decisions and maximise revenue and profitability. Subex's award-winning portfolio, deployed in over 300 installations across more than 100 countries, includes flagship offerings in Business Assurance, Fraud Management and Partner Ecosystem Management, all designed to help CSPs mitigate risk, combat fraud and safeguard profitability. Additionally, Subex provides scalable Managed Services and expert Business Consulting solutions.

On Wednesday, shares of Subex Ltd gained 7.15 per cent Upper Circuit to Rs 12.59 per share from its previous closing of Rs 11.75 per share with a 2 times on the BSE. The company has a market cap of Rs 675 crore and working capital requirements have reduced from 46.8 days to 25.0 days. The stock is up by 19.1 per cent from its 52-week low of Rs 10.57 per share.

Disclaimer: The article is for informational purposes only and not investment advice.