New Delhi, Sept. 28 -- Brokerage firm Motilal Oswal Financial Services has turned bullish on a hospital stock that has gained almost 24% year-to-date (YTD) despite weak stock market sentiment due to the US-Iran conflict and elevated crude oil prices.

The brokerage firm expects a 20% upside in the stock in a base case, while in a bull case, it can jump as much as 46% from the current level. In a bear case, however, Motilal sees an 8% downside in the stock.

The stock is Aster DM Quality Care - one of India's leading integrated healthcare providers, formed after the merger of Aster DM Healthcare and Quality Care India.

Year-to-date, the stock is up nearly 24% compared to an over 14% drop in the Sensex. Over the last one year, the stock ha...