Subex wins USD 0.6M African fraud management deal

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SUBEXLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹17.84

prior close

₹17.65

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-1.4% vs market

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.7

15m

+1.4

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-0.8+0.6-1.4

Next day

+0.7+0.4+0.4

+1.5+0.7+0.8

+3.7+1.0+2.7

+0.2-0.0+0.2

-1.7-0.6-1.1

-3.1+0.7-3.8

15d

+11.5-1.2+12.7

+14.7-0.9+15.6

-3.3-9.0+5.7

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Subex secured a 3-year contract worth USD 0.6 million with a leading African mobile operator for its HyperSense Fraud Management solution. The operator is part of a global telecom group with a large mobile money business. This new-logo international win expands Subex fraud management footprint across Africa.

Likely market impact

Small in absolute size (USD 0.6M) but adds a new international client and strengthens Africa presence. Likely neutral to mildly positive.