Four-day upper circuit streak drives this small-cap stock up 74%; here’s the key trigger behind the jump
AI Summary
Cubex Tubings' recent surge in stock price, hitting upper circuit limits consistently, reflects strong investor confidence and a robust recovery from previous lows. This momentum, coupled with the company's plans to raise ₹135 crore, suggests potential for further growth, especially as retail investors hold a significant stake. However, investors should remain cautious and consider market volatility, as such rapid gains can often lead to corrections.
Cubex Tubings, a manufacturer of copper and copper alloy products, has recorded one of its best sustained winning streaks in recent times, as shares managed to defy the broader market weakness and continued to hit the upper circuit, signalling growing confidence among investors over the company's growth prospects.
The small-cap stock, which has a market capitalisation of ₹210 crore, was locked in another 10% upper circuit limit in Friday's session to hit a fresh all-time high of ₹152.24. This marks the fourth straight day of the stock reaching the maximum limit set for the counter.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 25 September 2026.
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