MEP Infrastructure Faces Severe Decline Amid Weak Fundamentals and High Debt Burden

MEP Infrastructure Developers has experienced significant volatility, hitting a new 52-week low of Rs. 1.6 today. The stock has been on a downward trajectory for the past 16 days, resulting in a substantial decline of 47.37% during this period. In comparison to its sector, MEP Infrastructure has underperformed by 2.6%.
The company's long-term fundamentals appear weak, as it has not reported results in the last six months. Over the past five years, net sales have decreased at an annual rate of 51.44%, while operating profit has stagnated at 0%. Additionally, MEP Infrastructure carries a high debt burden, with a debt-to-equity ratio averaging 0 times.

In terms of technical indicators, the stock is currently in a bearish range, with moving averages indicating it is trading below the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The company's performance over the past year shows a staggering decline of 84.51%, contrasting sharply with the Sensex's positive return of 2.72%. Furthermore, a significant 82.7% of promoter shares are pledged, adding to the stock's risk profile.