Knowledge Realty Trust share price received a Buy rating from ICICI Securities after the broker set a target price of ₹130, implying an upside of about 16% from current levels, the firm said.
Overview
What ICICI Securities highlighted
ICICI Securities said it is optimistic about Knowledge Realty Trust’s office portfolio and expects occupancy-led improvement to drive earnings. The broker forecasts a 9% net operating income (NOI) compound annual growth rate (CAGR) for KRT over FY26-29E as occupancy improves across the trust’s assets.
Analyst view and key figures
The key numerical takeaway from ICICI Securities’ note is the target price of ₹130 and the projected 9% NOI CAGR for FY26-29E. Together these form the basis for the Buy recommendation and the implied 16% upside relative to the broker’s reference price.
ICICI Securities’ assessment centres on operating fundamentals in KRT’s office portfolio, where rising occupancy is expected to support rental income and operating metrics over the medium term.
Why this matters to investors
A broker target and rating change provide a reference point for investors assessing the stock. The ₹130 target and the 9% NOI CAGR projection indicate ICICI Securities’ expectations for improving cash flows as occupancy recovers. Investors should weigh this analyst view alongside other information and their own research before making investment decisions.
This report does not include market price, timing, or guaranteed outcomes; it reflects ICICI Securities’ view based on its analysis of Knowledge Realty Trust’s office portfolio and medium-term operating prospects.
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Disclaimer: The information provided in this article is for educational purposes only and should not be considered as financial advice. Please consult a financial advisor before making any investment decisions.
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