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