Motilal Oswal believes IRDAI draft is positive for this insurance stock, sees 31% upside- Check target price, rationale

New Delhi, Sept. 25 -- Shares of Niva Bupa Health Insurance Company Limited ended nearly 1.63% higher on Friday, staging recovery from the previous trading session's steep decline after the Insurance Regulatory and Development Authority of India (IRDAI) proposed sweeping reforms for the insurance i…