Cubex Tubings Ltd Experiences Surge in Trading Activity and Market Interest

Apr 02 2025 10:01 AM IST
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Cubex Tubings Ltd, a microcap in the Metal - Non Ferrous sector, experienced significant trading activity today, reaching its upper circuit limit. The stock saw notable volume and turnover, outperforming its sector. It has shown positive momentum, gaining over the last two days and indicating strong market interest.
Cubex Tubings Ltd, a microcap player in the Metal - Non Ferrous industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 86, reflecting a 4.08% increase from its previous close. The last traded price stands at Rs 82.63, marking a change of Rs 3.93 or 4.99% for the day.

Trading volume has been notable, with a total of 0.85775 lakh shares exchanged, resulting in a turnover of approximately Rs 0.681 crore. The stock has outperformed its sector by 1.71% and has been on a positive trajectory, gaining 5.84% over the last two days. It opened with a gain of 2.72% today, indicating strong market interest.

In terms of moving averages, Cubex Tubings is currently above its 5-day moving average but below the longer-term averages of 20, 50, 100, and 200 days. The stock's liquidity remains robust, with delivery volume increasing by 71.05% compared to the 5-day average.

Overall, Cubex Tubings Ltd has demonstrated solid performance today, reflecting positive momentum in the market.
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