Omnitech Engineering plans to raise ₹418 crore via a fresh issue and ₹165 crore through an offer for sale to fund new facilities and repay debt. Despite a loyal customer base and strong export revenue, the company faces geographical and tariff risks, a longer working capital cycle, and negative operating cash flow in FY25, prompting investor caution.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking