Cubex Tubings Ltd. Hits Upper Circuit for the 2nd Straight Session on BSE, 23 September 2026

On 23 September 2026, Cubex Tubings Ltd. (CUBEXTU) hit the upper circuit on BSE at Rs 125.76, a 20% positive move from the previous close of Rs 104.8. The company's market cap stood at Rs 150.06 crore. The upper circuit price for the session was Rs 125.76.

The move was driven by buying interest against the exchange-defined price band. At the time of writing the stock was locked at its upper circuit level, which makes the session worth noting for short-term market participants.

Key Takeaways

• Cubex Tubings Ltd. (CUBEXTU) hit the upper circuit on BSE at Rs 125.76 on 23 September 2026.
• The session move was +20% against a previous close of Rs 104.8.
• Market capitalisation stood at Rs 150.06 crore with a PE ratio of 19.9.
• This is the 2nd straight session at the upper circuit, with the run starting on 22 September 2026.
• A price band is an exchange trading rule, not a view on the company or a recommendation.

Key Market Data

Metric	Value
Stock	Cubex Tubings Ltd.
Current Price / LTP	Rs 125.76
Day Move	20%
Previous Close	Rs 104.8
Day Open	Rs 125.76
Day High	Rs 125.76
Day Low	Rs 115
Upper Circuit Price	Rs 125.76
Upper Circuit Limit	Rs 125.76
Market Cap	Rs 150.06 crore
Selected Exchange	BSE
PE Ratio	19.9

All figures above are as of 23 September 2026, sourced from Univest market data for the BSE listing. Only fields present in the source for this session are shown.

Price Action and Trading Activity

Cubex Tubings Ltd. opened at Rs 125.76 on BSE, compared with a previous close of Rs 104.8. During the session, the stock traded between Rs 115 and Rs 125.76 before touching the upper circuit price of Rs 125.76.

The absolute day change was Rs 20.96, while the percentage move was 20%. The event figures are kept to a single exchange so the numbers stay comparable.

The selected exchange matters because price bands, day range, and previous-close values can differ across exchanges. This article uses BSE consistently for the event table and narrative. The stated upper circuit limit for the session was Rs 125.76, which is the level the price reached.

The Upper Circuit Streak So Far

This is session 2 of an unbroken run for Cubex Tubings Ltd. The streak began on 22 September 2026, from a base price of Rs 87.34. Across the run the stock has moved 43.99% in total.

A repeated upper circuit matters more than a single one. It says the order book has stayed one-sided across multiple sessions rather than reacting to a single day of news, and for anyone holding the stock it means the price on screen has been hard to trade at for several days running.

This page is the running record for the streak and is updated each session rather than being replaced by a fresh article. That keeps one address for the event instead of splitting the same story across competing pages.

Why Cubex Tubings Ltd. Hit Upper Circuit

Cubex Tubings Ltd. hit the upper circuit after buying interest pushed the stock to its exchange-defined price band. No official company announcement or verified external catalyst was confirmed at the time of writing, so the move should be read primarily through price action and market sentiment.

Because no verified catalyst was available, this article does not attribute the move to earnings, corporate action, sector news, or market rumours. If a confirmed announcement becomes available later, it should be added as a separate update.

Within the session the stock reached the upper circuit level of Rs 125.76.

What the Upper Circuit Means

An upper circuit is the maximum price level a stock is allowed to reach during a trading session under the applicable exchange price band. For Cubex Tubings Ltd., the captured upper circuit price was Rs 125.76 on 23 September 2026.

The circuit mechanism is meant to slow extreme price movement and keep trading orderly. It is a market-structure fact, not a return forecast. In this article, the upper circuit explains what happened in the session and where the price band was reached.

Cubex Tubings Ltd. Fundamentals and Valuation

Available market data gives a fuller picture than price action alone. For Cubex Tubings Ltd., PE ratio was 19.9, PB ratio was 1.77, book value was Rs 59.14, EPS was 5.27, ROE was 9.37%, ROCE was 11.49%, dividend yield was 0% and debt-to-assets ratio was 0.52, on a market cap of Rs 150.06 crore. These are available financial indicators and should not be read as a buy, sell, or hold view.

A PB ratio above 1 means the market price was above the reported book value per share. That premium can reflect growth expectations, asset quality, or simply thin trading in a smaller counter.

For investors tracking upper circuit moves, these metrics help separate the price event from the broader financial profile. A sharp one-day move can attract attention, but valuation and return ratios still need to be reviewed separately.

Peer and Sector Context

Cubex Tubings Ltd. belongs to the Metal – Non Ferrous industry within the Non – Ferrous Metals sector. The peer table below uses available companies from the same sector or industry to give broader valuation context.

Peer Company	Market Cap	PE	PB	ROE
Bhagyanagar India Ltd.	Rs 1460.61 crore	22.77	4.34	2.79%
ABC Gas (International) Ltd.	Rs 1187.33 crore	19.75	1.37	-26.14%
Sunlite Recycling Industries Ltd.	Rs 875.5 crore	21.81	5.45	154.74%
PARMESHWAR METAL LIMITED	Rs 522.7 crore	16.09	7.39	34.83%
Mardia Samyoung Capillary Tubes Co Ltd.	Rs 465.72 crore	132.87	4.67	-3.46%

Several of these peers are far larger by market capitalisation than Cubex Tubings Ltd. Size differences change liquidity and cost of capital, so the table is sector context rather than a like-for-like ranking.

Cubex Tubings Ltd.'s PE ratio was 19.9, compared with an available peer/sector PE average of 42.66, calculated from the 5 peer companies that had a PE on record. This comparison is a valuation reference point, not a recommendation.

Technical and Ownership Snapshot

The technical snapshot adds context: RSI was 83.13, the 50-day moving average was 79.2 and the 200-day moving average was 88.41.

Shareholding details were not available in the latest market dataset, so no conclusion is drawn about promoter, institutional, or public-shareholder activity.

What Readers Should Know

The main confirmed fact is that Cubex Tubings Ltd. hit the upper circuit on BSE at Rs 125.76 on 23 September 2026, with a 20% day move.

The practical limitation after an upper-circuit session is execution. Buyers queue at the band and sellers step back, so the quoted price is not necessarily a price you can transact at. The other limitation is that no official catalyst was confirmed at the time of writing.

Readers should treat upper circuit events as market updates, not standalone investment conclusions. The price band shows strong near-term interest, but follow-up analysis should consider business fundamentals, valuation, liquidity, risk, and confirmed company disclosures.

Frequently Asked Questions

Why did Cubex Tubings Ltd. hit upper circuit on 23 September 2026?

The stock reached its upper price band after buying interest during the session. No official company announcement or verified external catalyst was confirmed at the time of writing.

How many sessions has Cubex Tubings Ltd. hit upper circuit in a row?

This is session 2 of the current run, which began on 22 September 2026. This page is updated each session rather than replaced with a new article.

What was CUBEXTU share price on 23 September 2026?

The last traded price used in this article was Rs 125.76 on BSE. That price matched the upper circuit price captured for the event.

What was the upper circuit price for CUBEXTU?

The upper circuit price was Rs 125.76. The stated exchange upper circuit limit was Rs 125.76. The event numbers in this article are aligned to BSE.

What is Cubex Tubings Ltd.'s market cap and PE ratio?

Cubex Tubings Ltd.'s market cap was Rs 150.06 crore. PE ratio was 19.9.

Which exchange and data source were used?

The selected exchange was BSE. The article uses Univest market data available at the time of generation, captured on 23 September 2026.

Does hitting an upper circuit mean Cubex Tubings Ltd. is a buy or a sell?

No. A circuit is an exchange price-band rule that caps how far a stock can move in a single session. It carries no view on valuation or business quality and is not a recommendation. Any decision should rest on fundamentals, valuation, liquidity and your own risk tolerance.

Can you buy or sell Cubex Tubings Ltd. shares when the stock is at the upper circuit?

It is usually difficult. At the upper circuit, buy orders queue up while sellers step back, so there may be no counterparty at the quoted price. Orders can stay unfilled until the band opens up or sellers return.

What happens the next trading session after an upper circuit?

There is no fixed outcome. The band resets each session, so the stock can open freely, hit the same band again, or reverse. The exchange can also revise the applicable band width. The useful signals to watch are whether the company files any disclosure explaining the move.

What is the upper circuit limit set at for Indian stocks?

Exchange price bands are commonly set at 2%, 5%, 10% or 20% depending on the security, and the applicable band can be revised by the exchange. For Cubex Tubings Ltd. the stated limit was Rs 125.76. For this session, Cubex Tubings Ltd. moved 20%.

Footer Disclosure

This article is for informational purposes only and does not constitute investment advice. Research services are provided by Uniapps Investment Adviser Pvt. Ltd., a wholly owned subsidiary of Univest, SEBI RIA registration number INA000017639.