MEP Infrastructure Developers Stock Hits Upper Circuit Limit at Rs 1.91, Marks 13th Day of Gains

MEP Infrastructure Developers Ltd, a microcap player in the transport infrastructure sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of Rs 1.91, reflecting a change of Rs 0.03, or a 1.6% increase. This performance stands out as it outperformed the sector, which recorded a 1D return of 0.38%, while the broader Sensex declined by 0.19%.
The stock has been on a positive trajectory, gaining for the last 13 consecutive days and accumulating a remarkable 25.66% return over this period. Despite this upward trend, the stock's delivery volume has seen a notable decline, with a delivery volume of 2.88k on October 1, down by 86.09% compared to the five-day average.

In terms of liquidity, MEP Infrastructure Developers remains accessible for trading, with its current trading activity representing 2% of the five-day average traded value. The stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Overall, MEP Infrastructure Developers Ltd has demonstrated strong performance metrics today, reflecting its current market position.