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SUBEXLTDSubex Limited

IT · Software - Application · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Subex Limited engages in the provision of operations and business support systems to communication service providers (CSPs) worldwide. It offers fraud management solutions that address fraud across various services, including bypass, handset, international revenue share fraud, robocalling, and SMS fraud solutions, as well as scam and spam calls. It also provides a signaling risk intelligence solution, which detects and prevents various protocol attacks at the signaling layer in real-time; business assurance, an active risk intelligence solution that assures revenues for business models comprising margin, asset and inventory, digital partner, enterprise 5G, IoT, digital profile, migration, and direct carrier billing assurance; and enterprise billing solution that include subscription management, billing and revenue management, configure, price and quote, service delivery platform, multi-level channel management, and customer relationship management services. In addition, the company offers partner ecosystem management that consists of partner and contract lifecycle management, digital services and roaming billing, and wholesale billing and routing services; and enterprise asset management solutions comprising network analytics, network asset management, and data integrity management. Further, it provides managed and business consulting services. Subex Limited was founded in 1992 and is based in Bengaluru, India.

20.80
5.26%
68Decent

Mkt Cap
₹1,154 Cr
P/E
38.5
P/B
3.4
Div Yield
0.00%
52W High
₹21.00
52W Low
₹6.61

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,153.90
P/E38.52
P/B3.37
PEG2.94
ROE %8.30
ROCE %4.30
Debt / Equity0.08
EPS0.54
Revenue Growth %19.70
Profit Growth %13.00
Dividend Yield %0.00
Promoter Holding %1.36
FII Holding %0.55
DII Holding %
Beta0.92

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

HOLDConviction 66%

The picture

  • Revenue growth: 19.7% YoY
  • Debt/Equity: 0.08
  • RSI: 73
  • MACD: fresh bullish crossover
  • Price vs EMA21: above
  • 1-month return: +51.5%
  • Breakout with Volume signal (setup quality 84%)
  • 52-Week High Breakout signal (setup quality 85%)

Bull case

  • Revenue growth: 19.7% YoY
  • Debt/Equity: 0.08
  • RSI: 73
  • MACD: fresh bullish crossover

Bear case

  • ROE: 8.3%
  • ROCE: 4.3%
  • Sector momentum: sector -2.5% (1m)
  • Volatility: 54% annualized

Key risks

  • Weak fundamentals — technical strength may not sustain
  • ROE: 8.3%
  • ROCE: 4.3%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹20.80
Stop Loss
₹17.66
risk 15.1%
Target 1 (1.5R)
₹25.50
+22.6%
Target 2 (3R)
₹30.21
+45.2%
Support (20d)
₹13.88
Resistance (52w)
₹21.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹3.14/share
ATR (volatility)
₹1.25
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹1.25). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental38
Technical88
Momentum93
Risk (safety)48

Peers — IT

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