Subex plunges 3% as Subhash Menon resigns

Subex, a provider of operations support systems, plunged on Friday after the company"s founder Subhash Menon has resigned from the executive role of managing director and CEO. Shares ofthe companyare trading at Rs 13.34, down Rs 0.41, or 2.98% at the Bombay Stock Exchange (BSE) on Friday at 2:45 p.m.The scrip has touched an intra-day high of Rs 14 and low of Rs 13.12. The total volume of shares traded at the BSE is 660,496.In the earlier session, the shares fell 3.85%, or Rs 0.55, at Rs 13.75. Currently, the stock is trading down 70.55% from its 52-week high of Rs 45.30 and above 20.18% over the 52-week low of Rs 11.10.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 13.33 0.42 3.15 1 Month 11.48 2.27 19.77 3 Months 23.45 (9.70) (41.36) 6 Months 25.30 (11.55) (45.65) 1 Year 42.75 (29.00) (67.84) Note: Based on previous day closing price.