London-based BAT has seen a sell-off in its shares in the past week, rendering its market cap below ITC to $64 billion. The stock fell sharply after the company said it would take a hit of around $31.5 billion as it wrote down the value of some US cigarette brands, acknowledging that its traditional combustible market has no long-term future.
70% NSE revenue under Sebi shadow: Is F&O risk a key overhang for IPO investors?
NSE’s IPO comes with a strong market position but also a key regulatory overhang, with options contributing nearly 60% of operating revenue in FY26. While
September 15, 2026