Cubex Tubings Share Price

Incorporated as a private limited company in Hyderabad, Andhra Pradesh, Cubex Tubings (CTL) was subsequently converted into a public limited company in Mar.'92. CTL manufactures copper and copper alloy products used by the core sector and other critical industries like power generation, shipbuilding, Railways, telecommunications, Defence and automobiles. In 1993-94, CTL enhanced the capacity of its unit and set up a plant in Pondicherry, both funded by internal accruals. The new unit, which commenced commercial production in Apr.'94, also has facilities to produce super enamelled copper wires. CTL's R&D division has developed in-house copper-nickel tubes of large cross-sections, to meet Defence and shipyard requirements. Cubex is also entering into the manufacture of oxygen-free high conducting grade copper, mainly used by the electronics industry. CTL plans to introduce copper-clad products and speciality copper products in India.