Why is Raw Edge Indust. falling/rising?

As of 09-Jul, Raw Edge Industrial Solutions Ltd is experiencing a price increase, currently at 27.00, reflecting a change of 0.47 or 1.77% upward. The stock has shown strong performance recently, gaining 17.34% over the last four days and outperforming its sector by 0.92% today. Despite this short-term gain, the stock has a negative year-to-date return of -31.10% and has underperformed the benchmark over the last year with a return of -29.23%. The company's valuation appears attractive with a Return on Capital Employed (ROCE) of 3.2 and a lower trading price compared to its peers, but it faces challenges such as a significant decline in profits by -46% over the past year and a high Debt to EBITDA ratio of 6.63 times, indicating low profitability and weak long-term fundamentals.
In the broader market context, the stock has outperformed the Sensex in the short term, with a 1-week return of +15.19% compared to the benchmark's +0.15%. However, the stock's long-term performance remains concerning, as it has consistently underperformed against the benchmark over the last three years, with a -43.04% return compared to the Sensex's +53.33%. This consistent underperformance, coupled with declining investor participation and liquidity issues, suggests that while there may be short-term gains, the overall outlook for Raw Edge Industrial Solutions Ltd remains precarious.