ICICI Securities sees 16% upside in Knowledge Realty Trust

ICICI Securities has issued a Buy rating on Knowledge Realty Trust with a target price of ₹130, signaling a potential 16 percent upside. The brokerage firm expressed strong confidence in the company's office portfolio, projecting a nine percent net operating income compound annual growth rate from fiscal 2026 through 2029, driven by expected improvements in occupancy rates across its commercial assets.