Why is MEP Infrast. falling/rising?

As of 04-Jul, MEP Infrastructure Developers Ltd is experiencing a decline in its stock price, currently at 2.03, which represents a decrease of 0.04 or 1.93%. The stock has been underperforming significantly, having fallen consecutively for the last 12 days, resulting in a total decline of 19.44% during this period. Over the past week, the stock has decreased by 8.97%, and it has shown a staggering year-to-date drop of 30.00%. The company has not declared results in the last six months, and its long-term fundamentals appear weak, with net sales declining at an annual rate of 51.44% and operating profit plummeting by 248.01% over the last five years. Additionally, 82.7% of promoter shares are pledged, which adds downward pressure in a falling market.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 3.01% over the past month. While MEP Infrastructure Developers Ltd has shown a significant decline, the Sensex has only dropped 0.74% in the same timeframe. This consistent underperformance against the benchmark, coupled with negative results over the last eight quarters, highlights the company's struggles. The stock's liquidity remains adequate for trading, but the overall sentiment is negative due to the high debt levels and poor growth prospects, leading to a lack of investor confidence.