JKB Financial Services Ltd.

As on : 21-Aug-2026

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21-Aug-2026 09:39

Subex jumps 4.92% after securing a Euro 0.6 million, three-year contract with a European fibre operator

Subex Ltd. is up 4.92% to Rs 17.93, extending recent gains and surging 28.90% over the last one week. Subex Limited has secured a new engagement with a major European open-access fibre operator to deploy its Partner Ecosystem Management Solutions, as announced on August 21, 2026. The three-year contract, valued at Euro 0.6 million, will support the operator's expansion of its wholesale business ecosystem and enhance operational efficiency and accuracy. Subex will provide a fully hosted and managed service, including end-to-end operations and ongoing support, reinforcing the company's position in the European wholesale market and expanding its managed, outcome-led engagement models. Subex Ltd. shares saw a trading volume of 3.12 lakh today, a surge of 37.85% compared to the average volume of the last one week. Subex Ltd. jumped by 34.21% year-over-year, outperforming the 3.27% loss recorded by the NIFTY50 index.

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