MEP Infrastructure Developers Faces Trading Challenges Amid Declining Investor Interest

MEP Infrastructure Developers Ltd, a microcap player in the transport infrastructure sector, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price stood at Rs 2.27, reflecting a decrease of Rs 0.05, or 2.16%, from the previous session. Notably, the stock's low price matched its intraday high, indicating a lack of upward movement during the trading day. The total traded volume was recorded at 0.01331 lakh shares, with a turnover of Rs 0.000302137 crore. The stock has been on a downward trend, underperforming its sector by 2.48% and showing a consecutive decline over the past five days, resulting in a total drop of 10.28% during this period. In terms of moving averages, MEP Infrastructure Developers' stock is currently above the 20-day, 50-day, and 100-day averages but below the 5-day and 200-day averages. Additionally, investor participation has waned, with delivery volume falling by 51.42% compared to the five-day average. Overall, MEP Infrastructure Developers Ltd's performance today highlights ongoing challenges, with the stock firmly positioned at its lower circuit limit amid declining investor interest.