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Paytm stock hits all-time low, memes soar high, users say bulati hai magar jaane ka nahi, check here

These memes are spreading under #Paytm on Twitter. In one tweet, the user says that if the shares keep dropping at this rate, he might end up buying Paytm. Another tweet mocks Paytm CEO with Bollywood film No Entry’s famous dialogue “Thoda neeche thoda neeche bolke kitna neeche leke aagaya”.

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Paytm

In the list of widely used things in today’s time, online money transaction and memes come on top. As the gen-z rules go, memes do not spare anything at all. Be it the UPSC Mains 2021 Essay paper meme flood, or memes on Paytm shares dropping to all time low, one can find these memes rounding the internet faster than supposed hellfire.

These memes are spreading under #Paytm on Twitter. In one tweet, the user says that if the shares keep dropping at this rate, he might end up buying Paytm. Another tweet mocks Paytm CEO with Bollywood film No Entry’s famous dialogue “Thoda neeche thoda neeche bolke kitna neeche leke aagaya”.

In another tweet, a meme template from Bollywood film Gangs of Wasseypur that says “Aur kitna beijjat karoge beta”, meaning how much more will you embarrass me, son?

https://twitter.com/DoctorrSays/status/1480457722516496385
https://twitter.com/Mountain_Feel/status/1480478570065498113
https://twitter.com/lsrjaipur/status/1480498588853497856
https://twitter.com/anuragnahta/status/1480496980224737282

On Monday, January 10, 2022, shares of Paytm dropped to all time low to Rs 1,115 ($15.6). This is the lowest the company shares have gone since its debut in November. As the shares of Paytm parent One97 Communications also saw a striking fall, it has been predicted by Macquarie Securities India that the future earnings growth of the company might be worse than the previous forecast.

Read Also: Paytm: Here’s how to make digital payment without internet connection from Android, iPhone

This is actually not the first time that One97 Communications and Paytm’s stocks have seen such a downfall. From a high of Rs 1,955 on November 18, 2021, the stocks fell down more than 38 per cent. This was surely one hell of a debt on Debut Street.

Due to decreasing distribution and cloud income, which has only partially been offset by increasing sales from payment operations, the brokerage cut its revenue projection for Paytm by 10% each year through 2025-26. According to Macquarie, Paytm’s revenue in the next five years will grow at 23 per cent, instead of 26 per cent.  

Cricket news

Royal Challengers Bengaluru beat Chennai Super Kings by 27 runs

With this victory, the Royal Challengers Bengaluru joined Kolkata Knight Riders, Rajasthan Royals and Sun Risers Hyderabad in the playoffs while Chennai Super Kings were eliminated, which meant the end of the campaign for MS Dhoni for this IPL season.

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Royal Challengers Bengaluru beat Chennai Super Kings by 27 runs

Royal Challengers Bengaluru reached the playoffs of the Indian Premier League 2024 with a 27-run win over Chennai Super Kings at the M Chinnaswamy Stadium on Saturday. RCB made 218 runs for the loss of 5 wickets in 20 overs before restricting Chennai Super Kings to a total of 191 runs for the loss of 7 wickets to secure the 4th and final spot in the playoff race and win the contest the eliminator against Sunrisers Hyderabad!

With this victory, the Royal Challengers Bengaluru joined Kolkata Knight Riders, Rajasthan Royals and Sun Risers Hyderabad in the playoffs while Chennai Super Kings were eliminated, which meant the end of the campaign for MS Dhoni for this IPL season.

Earlier, Faf du Plessis hit 54 runs off 39 deliveries while Virat Kohli played a crucial knock of 47 runs off 29 deliveries. Rajat Patidar (41 runs off 23 balls) and Cameron Green was 38 not out off 17 deliveries which helped Royal Challengers Bengaluru’s cause. In reply, Chennai Super Kings could only manage 191 runs for the loss of 7 wickets in 20 overs.

The Chennai Super Kings came within touching distance. They needed 10 off the last two deliveries to qualify with Ravindra Jadeja, the batsman who had hit a 6 and 4 to win Chennai Super Kings in their 5th title last year, on strike. But Yash Dayal bowled two off-pace length deliveries to deny Jadeja and Chennai Super Kings.

This was after he was hit for a massive six on the 1st ball of the last over by Mahendra Singh Dhoni. Yash Dayal then used his back-of-the-hand slower one to have him caught at deep square leg. The Chennai Super Kings not only lost the game but also failed to reach the 201-run mark, they needed to enter playoffs.

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Entertainment

Taarak Mehta ka Oolta Chashma actor Gurucharan Singh returns home after 25 days

During his religious journey, Gurucharan Singh visited Gurudwaras in many cities like Ludhiana and Amritsar. The police said afterwards, he decided to return home.

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Taarak Mehta Ka Ooltah Chashmah actor Gurucharan Singh returned home on 17 May after going missing on April 22. The Delhi Police has recorded his statement in the court and said Singh had gone away from home on a spiritual journey.

The Delhi Police started searching for the TV actor on April 22. The 51-year-old actor had to board a flight from Delhi to Mumbai on April 22 evening but he never reached his destination. His father, who lives in Palam, informed the local police after his phone was found not reachable. About 12 nos police teams, including the Crime Branch and Special Cell, were working to locate Gurucharan Singh.

The police had closely monitored his financial transactions from his bank accounts and credit cards. According to reports, the last transaction was of Rs 14,000, which he withdrew from one of his bank accounts on the day he went missing.

CCTV footage recorded from the day Gurucharan Singh disappeared showed him walking with a bag on his back. The police also visited some states like Haryana, Punjab, and Uttarakhand to get any leads in connection with the case. A few days earlier a police officer told the media that Gurucharan Singh had once shown his interest in going to the Himalayas for meditation. During the investigation it was revealed that Singh was in financial trouble with many loans and dues.

His father, Hargit Singh, filed a missing complaint on April 26, which led to an FIR under Section 365 of the Indian Penal Code (IPC). His father said that he did not have any idea about his son’s financial troubles. He said Gurucharan Singh never shared anything with him. As a result Hargit Singh was not aware of this. During his religious journey, Gurucharan Singh visited Gurudwaras in many cities like Ludhiana and Amritsar. The police said afterwards, he decided to return home.

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Cricket news

Lucknow Super Giants beat Mumbai Indians by 18 runs

Mumbai Indians’ nightmare of a season ended with yet another defeat, their tenth of the season and fourth at home, against the Lucknow Super Giants by 18 runs. With this victory, LSG reached the 14-point mark required for qualification but that won’t help them as their NRR is way below CSK and RCB.

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Lucknow Super Giants defeated Mumbai Indians by 18 runs at Wankhede Stadium on Friday. Mumbai Indians were set to chase a target of 215 runs and were restricted to 196 for 6. Earlier, Nicholas Pooran scored 75 runs off 29 balls as the Lucknow Super Giants posted a total of 214 for the loss of 6 wickets in 20 overs.

The Lucknow Super Giants needed to beat Mumbai Indians with a margin of over 300 runs to stay alive in playoff race but they could only reach 214. KL Rahul also played a crucial knock of 55 runs off 41 deliveries. In defence of the total, Ravi Bishnoi picked up 2 important wickets and gave just 37 runs and played a pivotal role for the Lucknow Super Giants.

Mumbai Indians’s chase started slowly with just 33 runs in 23 balls before the match ended due to rain. The game resumed after a 45-minute break as Rohit Sharma hit 2 consecutive boundaries to Mohsin Khan. Mumbai Indians managed to increase the run rate after the break, courtesy of some brilliant hitting by Rohit and Dewald Brevis, as they took the score to 53 by the end of the Powerplay. The former skipper reached his half-century with a 6 to Mohsin off just 28 balls.

Naveen-ul-Haq provided the opening breakthrough to Lucknow Super Giants with the dismissal of Brewis. Protea tried clearing the long-off boundary but mistimed the ball. Krunal Pandya, who was standing on the long off had to run and cover a few yards to take a diving catch at the end.

Suryakumar Yadav came at number 3 but did not last for too long as he was dismissed after 3 deliveries.  The Lucknow Super Giants captain KL Rahul may have pre-empted Surya’s shot because just before the wicket ball was bowled, Rahul asked the square leg fielder (Ravi Bishnoi) to move towards his left.

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