Why is MEP Infrast. falling/rising?

As of 30-Jun, MEP Infrastructure Developers Ltd is experiencing a decline in its stock price, currently at 2.19, which reflects a decrease of 0.04 or 1.79%. The stock has been underperforming significantly, having fallen for the last eight consecutive days, resulting in a total return of -13.1% during this period. In terms of longer-term performance, the stock has generated a return of -73.19% over the past year, and it has consistently underperformed against the benchmark, the Sensex, in each of the last three annual periods. The company has not declared results in the last six months, and its financial health appears weak, with net sales declining at an annual rate of -51.44% and a negative operating profit growth of -248.01% over the last five years. Furthermore, 82.7% of promoter shares are pledged, which adds downward pressure on the stock price in a falling market.
In the broader market context, the stock's short-term performance is notably poor compared to the Sensex, which has gained 2.09% over the past week while MEP Infrastructure has dropped by 8.37%. This stark contrast highlights the stock's struggles amidst a generally positive market environment. The liquidity of the stock remains adequate, with a significant increase in delivery volume, but the overall sentiment is overshadowed by the company's negative financial results and high debt levels. The combination of these factors contributes to a perception of risk among investors, further driving the stock's decline.