Why is Raw Edge Indust. falling/rising?

As of 08-Jul, Raw Edge Industrial Solutions Ltd is experiencing a price increase, currently at 26.53, reflecting a change of 0.84 or 3.27% upward. The stock has shown strong performance recently, outperforming its sector by 3.57% today and achieving a consecutive gain over the last three days, with a total return of 15.3% during this period. Additionally, the stock's recent performance over the past week has been impressive, with a return of +15.60%, while its one-month return stands at +4.90%. Despite a significant decline of -29.63% over the past year, the stock is currently trading at a discount compared to its peers, which may attract investor interest. However, the company faces challenges, including a high Debt to EBITDA ratio and a significant drop in profits, which could temper long-term optimism.
In the broader market context, Raw Edge Industrial Solutions Ltd has significantly outperformed the Sensex, which has only increased by 0.02% over the past week. While the stock has shown strong short-term returns, it has consistently underperformed against the benchmark over the last three years, with a decline of -44.03% compared to the Sensex's +53.65%. This juxtaposition highlights the stock's volatility and the potential for short-term gains amidst underlying long-term weaknesses, such as a -20.65% CAGR growth in operating profits and low profitability metrics. Overall, while the recent price movement is positive, the company's fundamental challenges may pose risks for sustained growth.