Why is MEP Infrast. falling/rising?

As of 04-September, MEP Infrastructure Developers Ltd is currently priced at 1.56, reflecting an increase of 0.01 or 0.65%. The stock has shown a slight positive movement, gaining 1.3% over the last two days, and has outperformed its sector by 1.46% today. However, despite this recent uptick, the stock has significantly underperformed in the longer term, with a year-to-date decline of 46.21% and a staggering drop of 78.48% over the past year. The company's weak long-term fundamentals are concerning, as it has not declared results in the last six months, and its net sales have decreased at an annual rate of 51.44%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend, and 81.76% of promoter shares are pledged, which adds to the risk of further declines.
In the broader market context, while the Sensex has shown a slight increase of 0.80% over the past week, MEP Infrastructure has declined by 4.29% in the same period, highlighting its consistent underperformance against the benchmark. The stock's liquidity appears adequate, but the overall market sentiment remains cautious due to the company's high debt levels and negative financial results over the past eight quarters. This combination of factors contributes to a perception of risk among investors, which may limit the stock's ability to recover despite recent gains.