Why is MEP Infrast. falling/rising?

As of 07-Jul, MEP Infrastructure Developers Ltd is experiencing a decline in its stock price, currently at 1.99, which reflects a decrease of 0.04 or 1.97%. The stock has been underperforming significantly, with a consecutive fall over the last 13 days leading to a total decline of 21.03%. In terms of returns, the stock has shown a steep drop of 73.11% over the past year and 90.91% over the last five years, consistently underperforming against the benchmark indices. The company has not declared results in the last six months, and its financial health appears weak, with net sales and operating profit showing substantial negative growth rates. Additionally, a high percentage of promoter shares are pledged, which adds further downward pressure on the stock.
In the broader market context, the stock's performance has been notably poor compared to the Sensex, which has gained 4.31% over the past year. The stock has underperformed the benchmark in each of the last three annual periods, with a 9.13% decline over the past week compared to a minimal drop of 0.20% in the Sensex. Despite a rise in investor participation indicated by increased delivery volume, the overall sentiment remains negative due to the company's weak fundamentals and ongoing losses, which contribute to the stock's continued decline in a challenging market environment.