Cubex Tubings surged 20% today, trading at ₹125.76

Cubex Tubings surged 20% today, trading at ₹125.76, after its board recently approved raising ₹135 crore via convertible debt securities, with an Extraordinary General Meeting (EGM) scheduled for October 28, 2026. The company also reported a profit growth of 7.11% in the June quarter. 📊 Stock Performance (23 Sept 2026) Current Price: ₹125.76 (+20.00% intraday) Day Range: ₹115.00 – ₹125.76 52-Week Range: ₹73.15 – ₹143.82 Volume: 1.10M (vs 20-day avg of 130K) 5-Day Return: +39.65% Year-to-Date Return: -8.62% Beta: 1.35 (high volatility) P/E Ratio: 15.33 (sector avg: 17.35) PEG Ratio: 0.40 (suggests undervaluation) 🏢 Corporate Updates Fundraising Approval: Board approved raising ₹135 crore via debt/convertible securities. EGM Date: October 28, 2026, to seek shareholder approval. Purpose: To issue debt securities and/or instruments convertible into equity shares. Regulatory Filing: Done under SEBI Listing Obligations (Regulation 30). Managing Director: Virendra Bhandari signed the intimation.