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Oil prices are near seven-month highs. Investors worry about a U.S.-Iran military conflict that could disrupt supply. Talks between the U.S. and Iran are scheduled for Thursday. Iran is a major crude producer. An extended conflict could impact global supplies. U.S. President Trump has warned of consequences if a deal is not reached. Inventory data also influences the market.
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Twelve stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on February 24, according to stockedge.com’s technical scan data.
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Yashhtej Industries is set to list on the BSE SME platform on February 25 with a flat debut expected, as GMP stands at 0%. The company, involved in soybean crude oil and de-oiled cake production, saw its IPO subscribed 1.37 times. Recent financial performance shows significant profit growth, with funds earmarked for capital expenditure and working capital.
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Omnitech Engineering’s IPO opens today. The precision engineering firm aims to raise Rs 583 crore. The issue is priced between Rs 216 and Rs 227 per share. The company specializes in high-precision components and automation solutions. Financial performance shows strong growth in FY25. The IPO offers a chance to invest in a growing manufacturing player.
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Yaap Digital’s Rs 80.11 crore IPO opens today, with a price band of Rs 138-145 per share. Backed by prominent investors Mukul Agrawal and Sunil Singhania, the company aims to fund acquisitions and expand its AI-driven marketing services. The issue closes on February 27, with listing on NSE SME platform scheduled for March 5.
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