Cubex Tubings hits 5% upper circuit for 5th day in a row, eyes seventh annual gain. What’s driving the rally?

Cubex Tubings shares rose 5% to a record ₹191.30 on Tuesday, extending a five-session rally that lifted the stock 29%. No new fundamental trigger has been identified; the company recently announced plans to consider raising funds through equity or convertible securities, subject to approvals.