India, Oct. 27 -- Pentair plc (PNR) is up 9.46 percent, gaining $5.22 to $60.44 on Monday. The rise comes despite the company reporting lower third-quarter earnings, with net income falling to $145.1 million, or $0.91 per share, from $184.3 million, or $1.12 per share, a year earlier. Adjusted earnings were $189.5 million, or $1.18 per share.
Pentair is currently trading at $60.44, up from the previous close of $55.24 after opening at $55.23 on the New York Stock Exchange. The stock has traded between $58.36 and $61.31 during the session. Trading volume stands at about 499,000 shares, compared with average volume of 3.16 million shares.
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Third-quarter rev...