Should you be bullish on Paytm? Are Ambuja Cement & ACC contra buys? Sandip Sabharwal answers

“Whoever is buying Paytm needs to take a call on why they are buying the stock. Now there is the core payments business which is slowing down significantly. The revenue growth was very muted. They might be showing profits but what is the sustainability of this business? I do not know the reason for such aggressive bullishness.”