Why is MEP Infrast. falling/rising?

As of 28-Jul, MEP Infrastructure Developers Ltd is currently priced at 1.92, reflecting a decrease of 0.03, or 1.54%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.03% during this period. Over the past week, the stock has decreased by 0.52%, and it has shown significant underperformance over longer periods, with a year-to-date decline of 33.79% and a staggering 71.47% drop over the past year. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the stock has consistently reported negative results for the last eight quarters, with net sales and profits showing substantial declines. The high debt levels, indicated by a significant debt-to-equity ratio, and the fact that 81.76% of promoter shares are pledged further contribute to the stock's downward pressure.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed its sector by 1.8% today, despite the overall decline in the construction and real estate sector, which has fallen by 3.36%. However, the stock's performance remains weak when compared to the Sensex, which has only declined by 1.59% over the past week. The stock's liquidity is also a concern, as evidenced by a significant drop in delivery volume, which has fallen by 51.52% against the five-day average. This lack of investor participation, combined with the company's poor financial health and consistent underperformance against benchmarks over the past three years, suggests a challenging environment for MEP Infrastructure Developers Ltd, contributing to its current price decline.