Why is Pitti Engg. falling/rising?

Sep 12 2025 09:21 PM IST
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As of 12-Sep, Pitti Engineering Ltd's stock price is Rs 917.10, up 2.29% today, but it has declined 28.46% over the past year. Despite recent gains and increased investor interest, the stock has underperformed against the Sensex and faces challenges with flat PAT and declining ROCE.
As of 12-Sep, Pitti Engineering Ltd's stock price is currently at Rs 917.10, reflecting an increase of Rs 20.55 or 2.29%. Today's price summary indicates that the stock has outperformed its sector by 1.65% and has experienced a trend reversal, gaining after two consecutive days of decline. The stock reached an intraday high of Rs 932.35, showing a rise of 3.99%. Despite a negative return of -28.46% over the past year, the company has shown healthy long-term growth with net sales increasing at an annual rate of 29.36%. However, the stock's recent performance is tempered by a flat PAT in the last quarter and a significant decline in its return on capital employed (ROCE).

In the broader market context, the stock has underperformed compared to the benchmark Sensex, which has gained 1.48% over the past week, while Pitti Engineering's stock has seen a slight decline of -0.06%. The stock's year-to-date performance is also concerning, with a drop of -30.41% compared to the Sensex's gain of 4.82%. The rising investor participation, indicated by a substantial increase in delivery volume, suggests a potential shift in sentiment, but the overall negative returns over the past year highlight ongoing challenges.
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