Why is Raw Edge Indust. falling/rising?

As of 10-Jul, Raw Edge Industrial Solutions Ltd is experiencing a decline in its stock price, currently at Rs 24.80, which represents a decrease of Rs 2.2 or 8.15%. Today's price summary indicates that the stock has underperformed its sector by 7.79% and has fallen after four consecutive days of gains. The stock reached an intraday low of Rs 24.80, reflecting high volatility with an intraday fluctuation of 5.05%. Over the past week, the stock has shown a return of +7.78%, but it has underperformed significantly over the longer term, with a year-to-date return of -36.72% and a one-year return of -32.99%. The company's fundamentals are concerning, with a high Debt to EBITDA ratio of 6.63 times and a low Return on Equity of 0.03%, indicating weak profitability and a low ability to service debt. Additionally, the stock's profits have fallen by 46% over the past year, contributing to its recent price decline.
In the broader market context, the stock's performance contrasts sharply with the benchmark, as it has consistently underperformed against the BSE500 over the last three years. While the Sensex has shown a slight increase of 0.97% over the past month and a 6.46% gain year-to-date, Raw Edge Industrial Solutions Ltd's negative returns highlight its struggles in the market. The company's weak long-term fundamentals and declining investor participation, evidenced by a 47.36% drop in delivery volume, further exacerbate its challenges, leading to a lack of confidence among investors.