Cubex Tubings Ltd (CUBEXTUB) surged again today

TUCubex Tubings Ltd (CUBEXTUB) surged again today, September 24, 2026, hitting its upper circuit at ₹138.40 (+10%) with buyers queued and no sellers, marking a sustained rally that has delivered over 84% returns in just seven sessions. The stock is now trading close to its 52-week high of ₹143.69, supported by strong delivery volumes and bullish technicals. 📊 Stock Performance (24 Sept 2026) Closing Price: ₹138.40 (+10% intraday) Day Range: ₹138.40 (open, high, low, close all locked at circuit) 52-Week Range: ₹73.15 – ₹143.69 Market Cap: ~₹180 crore (micro-cap category) Volume: 1.77 lakh shares traded, turnover ~₹2.45 crore 7-Day Return: +84.34% (massive rally) Sector vs Benchmark: Outperformed Industrial Products (-1.06%) and Sensex (-0.89%) 🏢 Corporate & Financial Updates Fundraising Plan: Board approved raising ₹135 crore via convertible debt securities, with EGM scheduled for October 28, 2026. Q1 FY27 Results (June 2026): Revenue: ₹64.97 crore (+30.28% YoY) Net Profit: ₹1.32 crore (+7.11% YoY) Operating Profit: ₹1.08 crore (-48.59% YoY, margin pressure) Operating Margin: 1.67% (-60.54% YoY) Debt-to-Equity Ratio: 0.52 (higher than peers, leverage risk)