Why is Raw Edge Indust. falling/rising?

As of 07-Jul, Raw Edge Industrial Solutions Ltd is experiencing a rise in its stock price, currently at 25.69, reflecting an increase of 0.69 or 2.76%. The stock has shown a strong performance today, outperforming its sector by 3.49% and achieving consecutive gains over the last two days, resulting in a total return of 11.65% during this period. Despite a significant decline of 31.82% over the past year, the stock is currently trading at a discount compared to its peers, which may attract investor interest. However, the company has faced challenges, including a high Debt to EBITDA ratio and a decline in profits by 46%, indicating underlying weaknesses that could affect long-term performance.
In the broader market context, the stock's short-term return of 7.49% over the past week contrasts sharply with the Sensex, which has seen a slight decline of 0.20%. This indicates that Raw Edge Industrial Solutions Ltd is gaining traction in a market that is not performing as well overall. Despite the recent positive movement, the company has consistently underperformed against benchmarks over the last three years, which may temper investor enthusiasm. The combination of rising investor participation and attractive valuation metrics suggests a potential for recovery, but the long-term fundamental weaknesses remain a concern.