Cubex Tubings Achieves Record Stock Price Amid Strong Market Performance and Growth

Jan 20 2025 11:55 AM IST
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Cubex Tubings, a microcap in the non-ferrous metal sector, recently achieved an all-time high stock price. The stock is trading near its 52-week peak and has outperformed its sector significantly. Over the past year, it has shown remarkable growth, greatly exceeding the performance of the Sensex.
Cubex Tubings Achieves Record Stock Price Amid Strong Market Performance and Growth
Cubex Tubings, a microcap player in the non-ferrous metal sector, has recently reached an all-time high stock price on January 20, 2025. Currently, the stock is trading near its 52-week high, just 1.04% away from Rs 127.53. Today, Cubex Tubings has outperformed its sector by 8.11%, opening with a gain of 3.34% and hitting an intraday high of Rs 127, marking a 10.52% increase during the session.
The stock's performance is bolstered by its strong positioning relative to key moving averages, as it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Cubex Tubings has demonstrated remarkable growth, with an increase of 80.25%, significantly outpacing the Sensex's performance of 8.07%. This trend reflects a robust market position and positive performance indicators for the company.
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