India, Oct. 23 -- The Hyderabad-based maker of electrical laminations and machined parts has paired a major expansion plan with its latest quarterly numbers. Revenue moved up briskly, yet earnings pointed the other way. A dividend and a senior management reshuffle added to the announcement, giving investors several things to weigh before trading resumes.

The Nifty 50 traded at 22,440, down 1.07%, while the Sensex fell 0.84% to 72,630 on Friday. Following this the Shares of Pitti Engineering Ltd are trading at Rs. 889.30, down 6.31 percent on Friday. The stock touched the intraday high of Rs. 924.80 after opening at Rs. 913.60 before slipping to a low of Rs. 878.60. The company commands a market capitalization of Rs. 3,341.76 crore.

Pit...