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

Cubex Tubings shares have risen to a record high, up 29% over five sessions, driven by a rally with no identified fundamental trigger.

The company has plans to consider raising funds through equity or convertible securities, subject to approvals.

While this may not directly impact seafarers, it could influence the broader economy and thus be of interest to a general reader.