Why is MEP Infrast. falling/rising?

As of 17-Sep, MEP Infrastructure Developers Ltd is experiencing a price increase, currently at 1.60, reflecting a change of 0.03 or 1.91% upward. The stock has outperformed its sector today by 1.39% and has shown a consecutive gain over the last two days, rising 3.9% during this period. However, despite this short-term positive movement, the stock has significantly underperformed over longer periods, with a year-to-date decline of 44.83% and a staggering 75.57% drop over the past year. The company has not declared results in the last six months, and its long-term fundamentals are weak, with net sales declining at an annual rate of 51.44% and a high debt-to-equity ratio. Additionally, 81.76% of promoter shares are pledged, which can exert downward pressure on the stock in a falling market.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has gained 2.56% over the past week while the Sensex has increased by 1.56%. Despite this short-term outperformance, the stock's long-term trajectory remains concerning, with consistent underperformance against the benchmark over the last three years. The significant negative results declared over the last eight quarters and the overall decline in profits by 431.2% further highlight the risks associated with investing in this stock, indicating that while there may be short-term gains, the long-term outlook is fraught with challenges.