Why is MEP Infrast. falling/rising?
As of 06-Oct, MEP Infrastructure Developers Ltd's stock price is at 1.96, having increased by 1.55% recently, with a notable 27.27% return over the last 14 days. Despite this short-term gain, the stock has a negative year-to-date performance of -32.41% and significant long-term declines of -61.49% over one year and -85.97% over five years.
As of 06-Oct, MEP Infrastructure Developers Ltd's stock price is currently at 1.96, reflecting an increase of 0.03 or 1.55%. The stock has shown a strong performance recently, gaining for the last 14 days and achieving a remarkable 27.27% return during this period. Additionally, it has outperformed its sector by 1.1% today. The stock's delivery volume has significantly increased, with a rise of 482.1% compared to the 5-day average, indicating rising investor participation. However, the stock's year-to-date performance remains negative at -32.41%, and it has underperformed over the longer term, with a 1-year decline of -61.49% and a 5-year decline of -85.97%. There are no specific positive or negative factors available to further explain the stock's recent movement.In the broader market context, MEP Infrastructure Developers Ltd has outperformed the Sensex in the short term, with a 1-week return of +6.52% compared to the Sensex's +1.77%. This indicates that while the stock has been rising recently, it has still faced significant challenges over the longer term, as evidenced by its substantial declines over 1, 3, and 5 years, contrasting sharply with the Sensex's positive performance during those periods.
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