Why is MEP Infrast. falling/rising?

Aug 08 2025 09:16 PM IST
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As of 08-Aug, MEP Infrastructure Developers Ltd's stock price is declining, currently at 1.65, down 1.79% and has lost value for 11 consecutive days, totaling a 16.67% drop. The stock is underperforming compared to the Sensex and shows weak trading interest, with year-to-date returns at -43.10%.
As of 08-Aug, MEP Infrastructure Developers Ltd is experiencing a decline in its stock price, currently at 1.65, which represents a decrease of 0.03 or 1.79%. The stock has been on a downward trend, losing value for the last 11 consecutive days and showing a significant drop of 16.67% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent weakness. The stock's performance over the past week and month has also been poor, with returns of -8.33% and -15.82%, respectively, while year-to-date returns stand at a staggering -43.10%. There is no information available regarding positive factors that could counterbalance these declines.

In the broader market context, MEP Infrastructure's performance contrasts sharply with the Sensex, which has only declined by 0.92% over the past week and 4.60% over the past month. This suggests that the stock is underperforming relative to the benchmark index. The construction and real estate sector, in which MEP operates, has also seen a decline of 2.11%, reflecting a challenging environment. Furthermore, investor participation appears to be waning, with a notable drop in delivery volume by 37.56% compared to the 5-day average, indicating reduced interest in trading the stock. Overall, these factors contribute to the ongoing decline in MEP Infrastructure's stock price.
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