Four-day upper circuit streak drives this small-cap stock up 74%; here's the key trigger behind the jump
New Delhi, Sept. 25 -- 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 Rs.210 crore, was locked in another 10% upper circuit limit in Friday's session to hit a fresh all-time high of Rs.152.24. This marks the fourth straight day of the stock reaching the maximum limit set for the counter.
On September 22 and September 23, the stock had reached the 20% limit, and the exchange later appeared to have brought down the li...
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