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Broker call▲ Bullish for Niva Bupa
Motilal Oswal sees 31% upside in Niva Bupa after IRDAI draft
The brief
- Motilal Oswal’s target price for Niva Bupa is ₹100
- Niva Bupa shares rose 1.63% after IRDAI proposed distribution reforms
- The proposed distribution reforms and bullish call put Niva Bupa shares in focus for insurance investors
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| NIVABUPA | Fri, 25 Sept | +1.4% | +1.1% | 1.6× | +1.4% · Nifty +0.3% |
✓ Classifier read this as positive; NIVABUPA rose 1.1% against the Nifty on the day it traded.